The course structure is detailed below. Syllabi of each course will be soon available on this section.
FIRST YEAR
1st Term Sept-Dec
Option A University of Warwick
COMPULSORY COURSES
Introductory Mathematics and Statistics
Econometrics I: Time Series Matrix algebra; Linear regression model and OLS; Inference; Heteroscedasticity, constancy and functional form, omitted variables; Time series analysis
Macroeconomics and Growth Economic growth; Introduction to DSGE models; Nominal rigidity; New Keynesian Phillips Curve; Monetary policy
Microeconomics Consumer and producer behavior; General equilibrium; Choice and equilibrium under uncertainty; Game theory; Economics of information
International Economics Trade models and policy; Trade and growth; Economic geography; Factor flows (migrations, capital, FDI
Option B Univ. Carlos III de Madrid
CURSOS OBLIGATORIOS
Introducción a la Estadística y Econometría
Econometría I: Series Temporales Regresiones lineales y OLS; Series temporales [Econometrica I: Linear regression models and OLS; Time series]
Macroeconomía y Crecimiento Crecimiento Económico en el Largo Plazo, Ciclos Económicos, Políticas Macroeconómicas [Macroeconomics: Economic Growth in the Long Run, Business Cycles and Macroeconomic Policies]
Microeconomía Economía de la Familia, Distribución de la Renta, Bienestar, Economía de la Información [Microeconomics: Household Behavior, Family Economics, Income Distribution, Welfare, Economics of information]
Economía Internacional Modelos y políticas de comercio; Comercio y crecimiento; Geografía económica; Flujos de factores (migraciones, capitales inversiones directas) [Trade models and policy; Trade and growth; Economic geography; Factor flows (migrations, capital, FDI)]
2nd Term Sept-Dec
Option A University of Warwick
COMPULSORY COURSES
Micro Topics in Development and Transition The working of democracy and dictatorship; Emergence of democratic institutions; Political instability and conflict; Bad institutions; Development and corruption
Macro Topics in Development and Transition Growth and development in transition and developing countries; Governance and institutions; International capital flows; Macro/financial crises
Economic History The Great Divergence; Institutions and European exceptionalism; Modelling the demographic transition and the industrial revolution; Economic growth since 1870; The geography of economic development; General purpose technologies
Econometrics II Money demand example; MacKinnon’s critical values; Binary choice models; Method of moments estimator; Estimating the returns to schooling; Panel data models.
Historia Económica y Desarrollo de América Latina en el Largo Plazo Crecimiento Comparado, Divergencia y Convergencia, Volatilidad Macroeconómica, Distribución del Ingreso, Estrategia de Desarrollo [Economic History and Development of Latin America in the Long Run: Comparative Growth Performance, Divergence and Convergence, Macroeconomic Volatility, Income Distribution, Development Strategies]
Econometría II Datos de Panel y Microeconometría Aplicada al Análisis de la Pobreza [Econometrics II: Panel Data and Microeconometrics]
CURSOS OPTATIVOS
Sistemas Financieros en Economías Emergentes [Financial Systems in Emerging Economies]
Desarrollo Agrícola e Instituciones Rurales en el Largo Plazo [Agricultural Development and Rural Institutions in the Long Run]
Mercados Laborales en Países en Desarrollo [Labor Markets in Developing Countries]
Instituciones, Desarrollo y Crecimiento [Institutions, Development and Growth]
3rd Term May-June
Option A
University of Warwick
Dissertation: 1st year paper
Option B Univ. Carlos III de Madrid
Trabajo de Investigación [Dissertation: 1st Year Paper]
End of first year (July) 1st Year General Workshop at Carlos III de Madrid or Warwick Economic History and Development Economics
SECOND YEAR
Lund University
4th term Sep-Oct
COMPULSORY COURSE
Comparative Analysis of Economic Change
OPTIONAL COURSES One of the following:
Advanced Econometrics with Time Series Analysis
Economic Growth over Time and Space
China and the Asia Pacific
Nov-Dec
One of the following integrated modules:
Causes of Demographic Change
Population and Living Standards
Economics of Innovation
Innovation, Energy and Sustainability
5th term Jan-Mar
OPTIONAL COURSES
Two of the following:
Data Collection and Research Design
Globalization and Long-Term Economic Growth
Institutions, Growth and Inequality
Consequences of Demographic Change
Migrations and Integration
Apr-June
COMPULSORY
Dissertation: 2nd Year Paper
End of 2nd Year Final General Workshop at Lund Reflections on Economic Development and Growth
Historia Económica e Instituciones (Economic History and Institutions)
Economía (Economics)
Two years
ECTS credits:
120
Degree:
Double Degree Option A) Master in Economic Development and Growth (Warwick + Lund) Option B) Master in Economic Development and Growth (Carlos III Madrid + Lund)
Applications:
Students applying both for admission to the Master AND for Erasmus Mundus scholarships:
First deadline: 30th of November 2011 for students from Third Countries
Second deadline: 15 of January 2012 for students from European countries
Students who apply only for admission to the Master and do not want to apply to Erasmus Mundus scholarships, can apply at any time before 30th of June, 2012
Enquiries and information:
MEDEG-Erasmus Mundus Master in Economic Development and Growth medeg.info@uc3m.es
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