Master’s degree in Marketing and Corporate Communication

History of economic and territorial development

Course code
Name of lecturer
Sergio Noto
Sergio Noto
Number of ECTS credits allocated
Academic sector
Language of instruction
secondo semestre (lauree magistrali) dal Mar 1, 2021 al Jun 1, 2021.

Lesson timetable

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Learning outcomes

The course mainly aims to support the attitude to consider the economic development as a complex issue, surely not determined only by quantitative factors, on the opposite greatly influenced by non-economic factors, widely cultural, such as religion, ethics, geography, technology, history, demography etc. The course discusses some interpretations based on relevant economic history and economic recent contributions.


1. Definition of economic development. Economic development considered as a cultural process. Robert J. Barro and J. Huizinga.
2. Capital accumulation and the pursuing of the eternal life in the Middle Age. Its social and economic organization.
3. Some relevant cases of social utopia in the 19th and 20th Century. The Soviet communism in the U.S.S.R and some other countries. A concluded experiment?
4. Inclusive economic institutions and economic policies as a determinant of economic growth (UK, USA, Japan, West Europe).
5. Selective economic institutions and economic policies as a determinant of nation’s decline and failure (Mexico, USSR, China).
6. Culture and civilization: some paradigmatic case in Latin America.
7. Economic development in Asia: the cases of China, Japan and south Korea.
8. Bourgeois virtues: W. Sombart and D. McCloskey.
9. Patterns of economic development in Veneto and in the area of Verona.
10. The cluster’s pattern of economic development and its consequences within the SME territory.
11. Environmental issues and economic growth. Some degrowth theories. Sustainability and Economic equilibrium.


R. McCleary, R. J. Barro, La Ricchezza delle Religioni. L'economia della fede e delle chiese, con una Prefazione di Sergio Noto e Vitantonio Gioia, Bocconi Editore 2020.
J. Huizinga, La crisi della civiltà, Pgreco edizioni, 2012.
J. Schumpeter, Teoria dello Sviluppo Economico, Milano, Rizzoli Etas, 2002

Reference books
Author Title Publisher Year ISBN Note
J. Huizinga La crisi della civiltà 2012
R. McCleary, R. J. Barro La ricchezza delle religioni: L'economia della fede e delle chiese Bocconi Editore 2020

Assessment methods and criteria

The final examination will be provided orally. Students are requested to discuss at least two books from the above displayed list, and to write a short paper (around 40.000 characters spaces included) on a topic of their interest, chosen between those presented in the course.
Final grade will be settled as following: 65% oral examination; 25% paper; 10% teacher's evaluation based on student's personal participation to e-learning's and class' discussions.

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