ECONOMICS OF INNOVATION, GROWTH THEORY AND ECONOMICS DEVELOPMENT-2

This course is part of the degree in "Digital Management". In this module, students will be provided with the basic tools for understanding the meaning of Economic Development and Development more in general. Students will confront with theories on the foundation of economic and human development, including theories on structural adjustment. Emphasis will be placed on the economic aspects of the processes of globalisation, internationalisation and economic development, including issues of inequality, poverty, industrialisation, structural adjustment and innovation. Efforts will be made during the course to discuss the relevance of such topics for today's digital companies and digital management. The course is entirely taught in English.

Students will be able to apply the main theories in Development Economics to the analysis of past and current phenomena in the international scenario. They will be able to apply tools of analysis to topics such as: the organization of global contemporary industrial production, the globalisation of markets, the relationship between industrialised and emerging economies, structural adjustment, the role of international institutions, the opportunities for global businesses, the increased attention to the human development perspective.

Students are required to have successfully completed the course in Introduction to Economics

Recap of basic concepts from previous module;
What is development?
Major schools of thought in Development Economics;
Issues in development and inequality;
Growth versus development; structural adjustment and industrialisation;
Globalization: the Bretton Wood system and how it has changed;
The role of international institutions (IMF; WB);
Meaning of and opportunities coming from the Sustainable Development Goals;
The role and the debate over industrial development policy;
Industrial and trade development strategies: Import substitution, export orientation and their tools;
International experiences in policies and development (China, USA, Africa)

Di Tommaso M.R., Rubini L., Barbieri E. Pollio C. (2024), Industry Organization and Industrial Policy. Production and Innovation, Development and the Public Interest. Bologna: Il Mulino
Raj Debraj (1998), Development Economics, New Jersey: Princeton University Press – chapters 6, 7, 10, 17;
Diana Hunt (1989), Economic Theories of Development: An Analysis of Competing Paradigms, London: Harvester Wheatsheaf – chapter 2, 3;

Additional readings will be made available during the course

Students will be evaluated through the laboratories in which they should discuss materials assigned and through a written exam with both multiple choice and open questions.

written

Evaluation grid:
28-30L: excellent command of the topics covered in lectures and in the
textbooks; very good ability to hierarchise information; use of
appropriate technical terminology of the discipline;
26-27: good knowledge of topics covered in lectures and textbooks; good ability to
textbooks; good ability to order information and present it;
substantially correct use of technical terminology of the
discipline;
24-25: fair knowledge of topics covered in lectures and textbooks; fair
textbooks; fair ability to order information; not always correct use of
the technical terminology of the discipline;
22-23: sometimes superficial and/or lacking knowledge of the topics
topics covered in class and in textbooks; not always clear and/or
lacking in the technical terminology of the discipline;
18-21: sometimes superficial and/or lacking knowledge of the topics dealt with in lectures
and in the textbooks, but still sufficient; exposition not clear and/or
deficient and/or with little use of the technical terminology of the discipline
discipline.

Lectures, class discussions and laboratories