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.


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



Week 6

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.


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.