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
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
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.
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
Bryan, K. (2015). Douglass North, an economist’s historian.
Aron,J. (2000). Growth and Institutions: A Review of the Evidence. The World Bank
Research Observer, vol. 15, No. 1.
Rodrick, D. (2018). Straight Talk on Trade : Ideas for a Sane World Economy. New Jersey
Princeton University Press. Chapter 2 – How Nations Work.
Where do pro-social institutions come from? Posted on 2015-10-04. Pseudoerasmus (anon.)
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.