Economic Growth and Development

The main goal of the course is to introduce students to the Neoclassical growth model, the overlapping-generations model and endogenous technological change. The course will provide the basic tools required to study long run growth and provide some answers to the fundamental question of why economies grow and why some countries are much richer than others. The main topics will be the following. Stylized facts of economic growth and development. Introduction to the Solow growth model. Neoclassical growth. Overlapping generations and dynamic efficiency. Neoclassical endogenous growth: capital accumulation, externalities and human capital. The Shumpeterian approach to economic growth. The effect of institutions on long run growth.
Percorso: 
10006
Ore: 
40
Compulsory: 
Available: