Learning objectives
1) Knowldge and applied knowledge. This course enables students to improve their knowledge of the causes and consequences of economic growth, and of their potential application to actual data.
2) Judgmental skills. This course will improve the judgment skills necessary to understand the effects of globalization and Government on growth necessary to put in practice the pieces of knowledge more amenable to empirical applications
Prerequisites
Some familiarity with the basic concepts of Macroeconomics would help
Course unit content
This course employs the standard neoclassical growth model to study the determinants of economic growth. It does so by providing the tools and the occasion to coherently and practically think about such topics as: Why do growth rates differ across countries and over time? How do we measure the growth contribution of physical and human capital? Is globalization bad or good for growth? Does “big Government” hinder growth?
Full programme
1. The facts of growth
2. The Solow model
3. Population growth
4. Human capital
5. Productivity growth
6. Globalization and growth
7. Government and growth
Bibliography
David Weil, Economic Growth, 2011
Teaching methods
Standard classes. Also class discussions on topics of interest.
Assessment methods and criteria
Final written exam (up to 25 pts for knowledge; up to 10 pts for judgment skills)
Other information
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2030 agenda goals for sustainable development
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