The test is marked on a point scale. 50 out of 100 possible points are required to pass the exam.
All topics in the reading list.
I. Economic Growth
Jones, C. (2008): Introduction to Economic Growth, 2nd Edition, W.W. Norton, chapters 2-5 and 8
II. Development Economics: Asymmetric Information, Complementarities and Inequality
Ray, D. (1998): Development Economics, Princeton University Press, chapters 5-7 and 11-15
III. Institutional Economics
Acemoglu, D., S. Johnson, and J.A. Robinson (2005): “Institutions as the Fundamental Cause of Long-Run Growth,” in P. Aghion and S. Durlauf, Handbook of Economic Growth, Elsevier, North Holland
Nunn, N. (2009): “The Importance of History for Economic Development,” Annual Review of Economics, Vol. 1(1)
IV. International Trade
Paul R. Krugman, Maurice Obstfeld and Marc J. Melitz (2012): International Economics, chapter 3.
Adam Smith (1776): The Wealth of Nations, Liberty Fund, Book I, chapters 1-3.
V. International Financial Flows and Exchange Rates
Barry Eichengreen (2001): “Managing Financial Crises,” manuscript, UC Berkeley.
Paul R. Krugman, Maurice Obstfeld and Marc J. Melitz (2012): International Economics, chapters 6, 14, 15, 18-20.
Paolo Pesenti and Cédric Tille (2000): “The Economics of Currency Crises and Contagion: An Introduction,” Federal Reserve Bank of New York Economic Policy Review, September.