1. 0. Course information and outline
GROWTH ECONOMICS and Fund-raising in international cooperation SECS-P01, CFU 9 Economics for Development academic year
0. Course information and outline
Roberto Pasca di Magliano
Fondazione Roma Sapienza-Cooperazione Internazionale

2. General Information Magistral cource «Economics for Development»
Pre-requisities:
good knowledge of basic economic theories, both micro and macro
Approach: growth theory vs. empirical application and real experiences
Lectures: Monday o’clock (aula Blu5), Thursday10-13 o’clock (aula 304, 3’ piano Scienze Politiche)
Examination in presence, students’ papers accepted as partial evaluation
Cultore della materia: dott. Daniele Terriaca,
Assistant to the course: dr. Andrea Ranelletti,
Roberto Pasca di Magliano

3. Objectives Basic concepts: Main micro and macroeconomic issues
Theories and Models
Theory of Growth:
Classical approach
Technical Progress
Keynesian model
Neo Classical model
Human capital
Endogenous growth models
Political Economy of Growth:
Governance
Digital Transformation and Sharing Economy
Case Studies:
Italy and European Union
Governmental & Companies’ opinion leaders
Roberto Pasca di Magliano

4. Outline
Introduction to Economics: Introduction to the fundamentals of both macro and micro economic studies
Main School of Thought
Introduction to Growth Economics: Definition of growth and main differences to development economic-
Classical Theories: An overview of the main features relevant to the study of growth economics
Harrod-Domar Model: Presentation of the first keynesian model of growth
Schumpeter’s contribution to the growth theory: Destructive role of innovation and the impact on the market structure
The Solow Growth Model: presentation of the first neo-classical model of growth
Technological Progress: Production function with technical progress, Kuznet investment cycle
Innovation transfer to Sme’s: Research and development, financial tools to support start-up growth
Human Capital Models: Presentation of endogenous growth models
Capitalism and crises: Discussion of main issues
Democracy, Education and Governance: Relationship between free market and democracy, rules for good governance
Finance for development: Analysis of the main instruments and their social impact
Sovereign Wealth Funds: Role and strategy of one of the main financial instrument sustain capital accumulation
Fund-raising laboratory
Roberto Pasca di Magliano

5. slides from the lectures
Books for the exam
Pasca di Magliano R., Growth Economics and Policy: Theories and models”, Ed. Nuova Cultura, Roma 2017 (available at Chioschi Gialli in eBook and paper print)
slides from the lectures
additional Papers on Fund-raising in international cooperation
Roberto Pasca di Magliano