structured essay in economics for 5,000 words.
no introduction, no concluded in each sections, no unnecessary sentences and paragraphs, just start of your main points.
Length: Maximum 5,000 words
4. Theory of institutions as a source of growth
5. Theory of cooperative group selection
Using relevant material from lectures and readings, and at least six sources from your own
research, write a critical analysis of each theory in a structured essay that considers 1)
how they relate to globalization, 2) the evidence for/against them, 3) how they can inform
policy, and 4) their limits.
Recommended essay format:
(no introduction, no conclusions, no unnecessary sentences)
Use subsections to organize your analysis. A suggested structure for each of the two theories
is:
Theory 1: Short name of theory
Section 1: Overview of theory
— A complete exposition of the key elements of the theory and making sure to explain how
global integration (financial or trade) fits with the theory. Include diagrams and equations, if
necessary.
Section 2: Supporting evidence
— Cite at least two other papers here for each theory. Recreate tables, graphs etc. from source
material if it is useful.
Section 3: Policy implications
— Describe how does the theory can inform policy-making?
Section 4: Critique and alternative explanations
— Cite at least two other papers here. Add further tables, graphs etc. if necessary.
Course reading about these two theories: use these as reference in essay, at least use two.
Thanks.
Week 5
Should Industrial Policy in Developing Countries Conform to Comparative Advantage or
Defy it? ADebate Between Justin Lin and Ha-Joon Chang. Development Policy Review,
2009, 27 (5):483-502
Deardorff, A. (1984). Testing trade theories and predicting trade flows. Chapter 10 of
Handbook of International Economics. Section 6 only.
Reinert, E. S. (2007). How rich countries got rich and why poor countries stay poor.
Constable. Chapter 4 – Globalization – The Arguments in Favour are also the Arguments
Against.
Week 6
Bryan, K. (2015). Douglass North, an economist’s historian.
https://voxeu.org/article/douglass-north-economist-s-historian
Aron,J. (2000). Growth and Institutions: A Review of the Evidence. The World Bank
Research Observer, vol. 15, No. 1.
https://pdfs.semanticscholar.org/0a5a/4e2eaaa232c8250770c5db6f69abe15b0fa6.pdf
Rodrick, D. (2018). Straight Talk on Trade : Ideas for a Sane World Economy. New Jersey
Princeton University Press. Chapter 2 – How Nations Work.
Week 8
Where do pro-social institutions come from? Posted on 2015-10-04. Pseudoerasmus (anon.)
Where do pro-social institutions come from?
Scheidel, W. (2017). The Great Leveler: Violence and the history of inequality from the stone
age to the twenty-first century. Princeton University Press. Chapter 4 — Total War.
Turchin, P. (2017). Ultra Society: How 10,000 years of war made humans the greatest
cooperators on earth. Beresta Books.
