Economic Growth & Development (325-0-20)

Instructors

Jonas Jin

Meeting Info

University Hall 102: Mon, Wed, Fri 9:30AM - 10:50AM

Overview of class

This course will examine divergence in economic prosperity across the world: we will study the fundamental questions of how economies can grow rich or fail to grow rich, as well as the underlying causes for these issues. We will study various theories; while no single model can claim to have the answer to these difficult questions, these models can inform us on some important determinants of long-run growth patterns and development performances. In this course, we will cover some of the leading theories to understand different aspects of long-run growth and development, including but not limited to: savings and capital accumulation, technological change, structural change, the demographic transition, income distribution, and imperfect credit markets.

Registration Requirements

ECON 310-1, ECON 310-2, ECON 311-1, and ECON 281

Teaching Method

Lecture: Two 80 minute lectures per week; Discussion section: one 80-minute TA session/week

Evaluation Method

Exam, final; Exam, mid-term; Problem sets: 4 problem sets

Class Materials (Required)

Course requires use of Stata

Class Materials (Suggested)

Introduction to Economic Growth, Jones and Vollrath, 4th edition, ISBN13 9781324059578

Enrollment Requirements

Enrollment Requirements: Reserved for Economics Majors & Minors until the end of preregistration, after which time enrollment will be open to everyone who has taken the prerequisites. Pre-requisite: Students must have taken ECON 310-1 or MMSS 211-1 and ECON 281 or ECON 381-1 or MATH 386-1 or IEMS 304 or STAT 350 to successfully enroll in this course.