Time and Location (Lecture and Exercise)
· Monday, 13:15-14:45in seminar room 4 (I 125), first date: 26th October 2020
· Wednesday, 15:15-16:45 seminar room 4 (I 125), first date: 28th October 2020
Description
This course provides a comprehensive coverage of key concepts and theories on the topic of economic growth and development with a particular focus on linking individual firms’ decisions to macroeconomic outcomes. The course is self contained in a sense that students can take part independently of having participated in other courses. A solid background of micro- and macroeconomic theory is, however, expected. The aim of the course is:
· You learn about key facts of the history of economic growth
· You understand the neoclassical and endogenous growth models
· You learn about the key role of ideas for economic growth
· You make yourself familiar with different concepts and modelling techniques of economic growth models, so that you can critically evaluate them
· You learn about mathematical tools allowing you to evaluate modern growth theory
· You learn about reasons for differences in living standards between countries
· You understand the role of factor reallocation and misallocation for aggregate output and productivity levels
· You can critically discuss the “limits to growth”
· You learn to understand and critically assess economic journal articles.
Prerequisites
A solid background of micro- and macroeconomic theory. Joy of learning and discovery.
For More details, please see the Syllabus.