SØK3523 - Economic Growth and Development


Examination arrangement

Examination arrangement: Home examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Home examination 100/100 6 hours

Course content

Large differences in income across countries has motivated studies of economic growth and development. Different growth paths can be understood as a result of different economic policy, different access to natural resources, or external conditions. The interest has in particular been on political and economic institutions and the degree of openness in trade. The course includes microeconomic and macroeconomic models and covers both theoretical and empirical analyses.

Learning outcome

You learn
- theoretical models of poverty traps
- possible connections between natural resource abundance and economic development
- how violent conflict emerge and what connection this has with income level
- models of political economy with relevance to growth and development
- connections between institutions and economic development

You should be able to
- understand and explain how poverty traps may emerge
- discuss different effects of resource abundance for economic development
- trace out how different factors may fuel violent conflict, and for ways of empirically testing such theories
- analyze interconnections between economic and political equilibria
-discuss how different institutions may promote or retard economic development

General competence
You should be able to
- read and understand reports and research articles dealing with issues discussed in the course
- use the content of the course in your own academic work like your master thesis

Learning methods and activities

4 hours of lectures every week. Compulsory activity: Approved term paper(s)/ exercise(s). Specific requirements will be announced at the beginning of the term. The course is an optional master's course, and is not taught every autumn semester. Check Students enrolled in ISØ's master programs can take the course any semester.

Compulsory assignments

  • Approved term paper(s)/exercise(s)

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Economics (MSØK)
Economics (MSØK/5)
Financial Economics (MFINØK)

Required previous knowledge


Course materials

Announced at the beginning of the term.

Credit reductions

Course code Reduction From To
SØK3502 15.0 01.09.2007
SØK8623 10.0 01.09.2010
More on the course



Version: 1
Credits:  15.0 SP
Study level: Second degree level


Term no.: 1
Teaching semester:  AUTUMN 2020

No.of lecture hours: 4

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics
  • Social Sciences
Contact information
Course coordinator:

Department with academic responsibility
Department of Economics



Examination arrangement: Home examination

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Autumn ORD Home examination 100/100

Release 2020-12-09

Submission 2020-12-09

Release 09:00

Submission 15:00

Room Building Number of candidates
Spring ORD Home examination 100/100

Release 2021-05-25

Submission 2021-05-25

Release 09:00

Submission 15:00

Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU