• Class Number 3570
  • Term Code 3330
  • Class Info
  • Unit Value 6 units
  • Mode of Delivery In Person
  • COURSE CONVENER
    • AsPr Timothy Kam
  • Class Dates
  • Class Start Date 20/02/2023
  • Class End Date 26/05/2023
  • Census Date 31/03/2023
  • Last Date to Enrol 27/02/2023
  • TUTOR
    • Qingsong Song
SELT Survey Results

This course explores theoretical developments in the analysis of economic growth and introduces current debates on evidence and policy-relevant to the growth performance of both developed and developing economies. The course is structured around a series of key papers from journals, lecture material and a relevant coursebook. The theoretical material is reinforced by tutorial exercises and assignments that require students to understand and interpret the mathematics and economics of the growth models.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

  1. demonstrate an understanding of economic growth models
  2. demonstrate an understanding of how growth models have changed over time
  3. demonstrate an understanding of key empirical findings in the field
  4. examine the role of policies that aid economic growth - both for developed and developing economies
  5. use data and case studies to undertake country analysis in individual and/or group setting
  6. use empirical and theoretical material from literature to provide policy recommendations

Research-Led Teaching

  • Theory and examples covered in the course are derived from research in the field.
  • In addition, students will have the opportunity to engage in relevant research papers, country diagnostics and analysis of key research findings in the field of Economic Growth.

Field Trips

n/a

Additional Course Costs

n/a

Required Resources

Main textbook references:

  • Daron Acemoglu, Introduction to Modern Economic Growth, 2009, Princeton University Press. (Main reference)
  • David de la Croix and Philippe Michel, A Theory of Economic Growth: Dynamics and Policy in Overlapping Generations, 2022, Cambridge University Press

Remarks:

  • You can purchase the textbook from the bookstore on campus, and a copy will also be available for short-term loan in the Chifley Library.
  • A list of recommended journal articles will be uploaded to Wattle.
  • Ebooks are available in the library for most of these references.

Also, recommended for readings are:

  • Economic Development, The Pearson Series in Economics 2011- Smith, S. C., & Todaro, M. P. (2020) - - available in the library.
  • The Economics of Growth by Philippe Aghion and Peter Howitt - available in the library.

Staff Feedback

Students will be given feedback in the following forms in this course:

  • written comments
  • verbal comments
  • feedback to whole class, groups, individuals, focus group etc, in oral form and on the WATTLE discussion forum.

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). Feedback can also be provided to Course Conveners and teachers via the Student Experience of Learning & Teaching (SELT) feedback program. SELT surveys are confidential and also provide the Colleges and ANU Executive with opportunities to recognise excellent teaching, and opportunities for improvement.

Other Information

Each week tutorial questions for the following weeks tutorials will be uploaded onto wattle. It is expected that you prepare the answers to these questions. These questions will be

DISCUSSED in the tutorial. To gain the most out of the tutorial, and to be able to participate in the discussion you will need to prepare. As answers are based on discussion,

answers to all questions will NOT be posted on wattle.

Class Schedule

Week/Session Summary of Activities Assessment
1 Measurement: Empirical Regularities and Questions
2 Solow-Swan model in Continuous Time Assessment 1: Week 2-4 Tutorial Prep, Asterisked Problem(s)
3 Theory and Measurement: Solow-Swan and Data Assessment 1: Week 2-4 Tutorial Prep, Asterisked Problem(s)
4 Human Decisions and Growth: Introduction to Optimal Control Theory Assessment 1: Week 2-4 Tutorial Prep, Asterisked Problem(s)
5 Human Decisions and Growth: Ramsey-Cass-Koopman Neoclassicism Assessment 2: Week 5-8 Tutorial Prep, Asterisked Problem(s)
6 Human Decisions and Growth: Overlapping Generations and Dynamic Inefficiency Assessment 3: Critical Research Reading and Replication (start) Assessment 2: Week 5-8 Tutorial Prep, Asterisked Problem(s)
7 Endogenous Technological Change: The Role of Human Capital and Education Assessment 2: Week 5-8 Tutorial Prep, Asterisked Problem(s)
8 Endogenous Technological Change: R&D, Creative Destruction, Directed Technical Change Assessment 2: Week 5-8 Tutorial Prep, Asterisked Problem(s)
9 Institutions and Politics: Democracy, Distributional Conflicts and Weak Institutions
10 International Trade and Growth
11 History, Geography, Culture, Development: Critical Readings Presentation Assessment 3: Critical Research Reading and Replication
12 History, Geography, Culture, Development: Critical Readings Presentation Assessment 3: Critical Research Reading and Replication (due)
14 Examination Period: Interviews Assessment 4: Oral Interviews regarding Assessment 3

Tutorial Registration

Interactive workshops will be held weekly (starting from week 2). Workshops will be available both on campus and via zoom. ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage. https://www.anu.edu.au/students/program-administration/timetabling].

Assessment Summary

Assessment task Value Learning Outcomes
Week 2-4 Tutorial Prep - Problem Sets (Maximum 20% of Course Mark) 20 % 1,2,3
Week 5-8 Tutorial Prep - Problem Sets (Maximum 20% of Course Mark) 20 % 1,2,3
Critical Reading, Replication and Written Review (Maximum 40% of Course Mark) 45 % 1,2,3
Final Exam Individual Interview (Maximum 15% of Course Mark) 15 %

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details

Policies

ANU has educational policies, procedures and guidelines , which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Integrity Rule before the commencement of their course. Other key policies and guidelines include:

Assessment Requirements

The ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the Academic Skills website. In rare cases where online submission using Turnitin software is not technically possible; or where not using Turnitin software has been justified by the Course Convener and approved by the Associate Dean (Education) on the basis of the teaching model being employed; students shall submit assessment online via ‘Wattle’ outside of Turnitin, or failing that in hard copy, or through a combination of submission methods as approved by the Associate Dean (Education). The submission method is detailed below.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.

Participation

Attendance at all teaching events, while not compulsory, is expected in line with “Code of Practice for Teaching and Learning”, clause 2 paragraph (b).     

In addition, tutorials are discussion-based classes. Do not expect to show up and copy down solutions. Solutions will not be posted or disseminated. Students are expected to show up to tutorials having prepared their problem set attempts and to actively engage in tutorial discussions. Unprepared and disruptive students will be asked to leave the classroom.

Examination(s)

Se Assessment Tasks.

Assessment Task 1

Value: 20 %
Learning Outcomes: 1,2,3

Week 2-4 Tutorial Prep - Problem Sets (Maximum 20% of Course Mark)

What, when, and how:

  • This is a hurdle assessment in line with the student assessment coursework policy (see https://policies.anu.edu.au/ppl/document/ANUP_004603).
  • You must hand in a minimum of 2 weeks' solutions to sit the final exam.
  • Task released at least 1 week before due. Deadlines will be detailed on WATTLE.
  • Where relevant, each weekly tutorial preparation task is to be submitted by Sunday 12.30 pm, prior to the start of the respective tutorial in the following week.
  • Your tutor will select certain questions or weeks' work for grading. A simple average of the best 2 weeks' graded work will constitute the overall mark for this Task 1.
  • The choice will appear random to the student so it is best that the student maintains consistent work each week.
  • Group study is encouraged but all submitted work must be written in each student's own words and the final, submitted work must be the original work of each individual.

Purpose:

  • This Task encourages you to remain engaged from week to week with the course material.
  • Attempting problems, thinking about what you have read, and struggling with the exercises will help you master the material.

Grading rubric:

  • Each problem set is
  • marked to a maximum total mark of 100; and
  • the total mark is weighted according to correctness (50%), attention to detail (20%), and clarity of writing and presentation (30%).

Feedback:

  • Short, written annotations through Turnitin grading form.
  • Extended oral feedback is available in one-on-one consults.

Assessment Task 2

Value: 20 %
Learning Outcomes: 1,2,3

Week 5-8 Tutorial Prep - Problem Sets (Maximum 20% of Course Mark)

What, when, and how:

  • This is a hurdle assessment in line with the student assessment coursework policy (see https://policies.anu.edu.au/ppl/document/ANUP_004603).
  • You must hand in a minimum of 2 weeks' solutions to sit the final exam.
  • Task released at least 1 week before due. Deadlines will be detailed on WATTLE.
  • Where relevant, each weekly tutorial preparation task is to be submitted by Sunday 12.30 pm, prior to the start of the respective tutorial in the following week.
  • Your tutor will select certain questions or weeks' work for grading. A simple average of the best 2 weeks' graded work will constitute the overall mark for this Task 1.
  • The choice will appear random to the student so it is best that the student maintains consistent work each week.
  • Group study is encouraged but all submitted work must be written in each student's own words and the final, submitted work must be the original work of each individual.

Purpose:

  • This Task encourages you to remain engaged from week to week with the course material.
  • Attempting problems, thinking about what you have read, and struggling with the exercises will help you master the material.

Grading rubric:

  • Each problem set is
  • marked to a maximum total mark of 100; and
  • the total mark is weighted according to correctness (50%), attention to detail (20%), and clarity of writing and presentation (30%).

Feedback:

  • Short, written annotations through Turnitin grading form.
  • Extended oral feedback is available in one-on-one consults.

Assessment Task 3

Value: 45 %
Learning Outcomes: 1,2,3

Critical Reading, Replication and Written Review (Maximum 40% of Course Mark)

What, when, and how:

  • This is a hurdle assessment requirement. Non-completion of Task 3 results in an automatic FAIL in this course.
  • This assessment is the penultimate part of your ongoing assessment in this course.
  • Students are to submit a written critical review of a chosen piece of reading. They are also required to present their report to the class.
  • The presentation components run during Weeks 11 and 12.
  • The written review or report will be due at the end of Week 12 (details on WATTLE).
  • You must select a paper specified in the listing of papers to be released in due course.
  • You may form a research team of no more than FOUR persons.
  • Note that the larger the group, the more, in terms of substance and form, will be expected of your final report.
  • If you have a team of more than ONE member, then nominate a team representative to submit only a single copy of the joint project on Turnitin.
  • Include a declaration page on your written report detailing:
  • Name of every author on the report
  • Student ID number of every author
  • Percentage and description of the contribution of each author in the team
  • The file format of the written review/report:
  • A typed-up report in PDF form ONLY.
  • Replicable Jupyter Notebooks if needed/relevant.
  • The use of professionally written and typeset documents in LaTeX is highly recommended.
  • Restrictions on written report length:
  • Maximum 1 page: Quick summary of (i) Issue/Question raised in the paper; (ii) Key Features of the Model; and (iii) Results of the paper.
  • Maximum 4 pages: Describe and explain key aspects of the paper. You must also demonstrate an understanding of these elements (e.g. by explaining the ideas of the empirical and/or modeling problem, the strategy for eliciting the evidence in question, and how quantitative/numerical results were obtained).
  • Maximum 2 pages: Summarize and explain economic results in more detail. Explain in your own words, not cut-and-paste, plagiarised words!
  • Maximum 1 page: Your comments about the paper in terms of the modeling/empirical-strategy assumptions, correctness, and suggestions for alternatives or extensions.
  • No page limit: References cited in your report. Please follow a consistent citation style! The use of BibTeX referencing is highly recommended.
  • Presentations will be video recorded, which will enable later validation and verification of assessment if required (in accordance with point 7 in the ANU Student Assessment (Coursework) policy ).

Purpose:

  • The purpose is to help you develop critical reading, writing, and oral communication skills in the context of data analysis and causal modeling, empirical strategy, and related issues.
  • There will be concepts and methods that you may not have been explicitly taught in this course:
  • Part of this assessment gets you to research outside of your comfort zone.
  • You will be challenged to try to understand what you're reading/researching and to communicate that understanding.

Grading rubric for both written work and in-class presentation:

  • 70% max: Critical analysis and precise explanation of the substance of a chosen paper.
  • Mindless, mechanical, and verbatim reproduction of mathematics, sentences, and equations that are already in the paper is discouraged and runs the risk of academic misconduct or plagiarism.
  • Your task is to elucidate and expound on the paper's modeling substance, the empirical methods where relevant, and how they produce key insights. Where possible use plain English in your exposition. If mathematics is required, be sure to define notation and context, and you must still explain what the expressions mean.
  • You are to also provide a critical assessment of the author's method(s) and their insights in general.
  • 30% max:
  • Organization and clear writing.
  • Care and attention to detail.
  • Thought for the reader/audience in your presentation structure and style.
  • The written report carries a weight of 0.8 and the presentation is weighted as 0.2.

Feedback:

  • Short, written annotations through Turnitin grading form.
  • Extended oral feedback is available in one-on-one consults.

Assessment Task 4

Value: 15 %
Learning Outcomes: 

Final Exam Individual Interview (Maximum 15% of Course Mark)

What, when, and how:

  • This is a hurdle assessment requirement. Non-completion of Task 4 results in an automatic FAIL in this course.
  • This final task will be conducted on a one-on-one basis and will be video recorded for administrative and review purposes.
  • Interviews are held in person only unless the student can provide admissible evidence that they cannot attend interviews in person. Alternative zoom interviews with video and audio may be arranged for approved candidates.
  • Interviews will be scheduled during the final examination week(s) and each interview has a maximum duration of 20 minutes.
  • Individual students will be orally interviewed about the paper they have chosen to study or replicate and to write their critical review on.
  • The student has access to a whiteboard for writing and illustration during the interview.
  • Each student will also be asked to discuss and comment on another paper that was reviewed and presented by another student during weeks 11 to 12.

Purpose:

  • ?This Task encourages you to remain engaged with your own and others' presentations from Weeks 11 and 12.
  • It also helps develop your oral communication and real-time thinking skills crucial to any professional and research career.
  • This Task also serves as a screening device for potential cheating and plagiarism in works submitted for Assessment Task 3.

Grading rubric:

  • See Assessment Task 3.

Academic Integrity

Academic integrity is a core part of the ANU culture as a community of scholars. The University’s students are an integral part of that community. The academic integrity principle commits all students to engage in academic work in ways that are consistent with, and actively support, academic integrity, and to uphold this commitment by behaving honestly, responsibly and ethically, and with respect and fairness, in scholarly practice.


The University expects all staff and students to be familiar with the academic integrity principle, the Academic Integrity Rule 2021, the Policy: Student Academic Integrity and Procedure: Student Academic Integrity, and to uphold high standards of academic integrity to ensure the quality and value of our qualifications.


The Academic Integrity Rule 2021 is a legal document that the University uses to promote academic integrity, and manage breaches of the academic integrity principle. The Policy and Procedure support the Rule by outlining overarching principles, responsibilities and processes. The Academic Integrity Rule 2021 commences on 1 December 2021 and applies to courses commencing on or after that date, as well as to research conduct occurring on or after that date. Prior to this, the Academic Misconduct Rule 2015 applies.

 

The University commits to assisting all students to understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. All coursework students must complete the online Academic Integrity Module (Epigeum), and Higher Degree Research (HDR) students are required to complete research integrity training. The Academic Integrity website provides information about services available to assist students with their assignments, examinations and other learning activities, as well as understanding and upholding academic integrity.

Online Submission

You will be required to electronically sign a declaration as part of the submission of your assignment. Please keep a copy of the assignment for your records. Unless an exemption has been approved by the Associate Dean (Education) submission must be through Turnitin.

Hardcopy Submission

For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.

Late Submission

Individual assessment tasks may or may not allow for late submission. Policy regarding late submission is detailed below:

  • Late submission not permitted. If submission of assessment tasks without an extension after the due date is not permitted, a mark of 0 will be awarded.

Referencing Requirements

The Academic Skills website has information to assist you with your writing and assessments. The website includes information about Academic Integrity including referencing requirements for different disciplines. There is also information on Plagiarism and different ways to use source material.

Returning Assignments

All assessment will be returned within two weeks of due date (except for the final exam).

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure. Extensions may be granted for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Resubmission of Assignments

n/a

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information.
In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service – including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy.
If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes.

Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.

Support for students

The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).

AsPr Timothy Kam
51072
ECON8050@anu.edu.au

Research Interests


Macroeconomics, Monetary Economics, Growth and Political Economy, Computational Economics

AsPr Timothy Kam

Monday 16:00 17:00
Qingsong Song
ECON8050@anu.edu.au

Research Interests


Qingsong Song

Wednesday 15:00 16:00

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions