Endogenous Growth Theory

Learning Outcomes
Students shall be given the ability to understand, analyze and evaluate selected models of endogenous growth theory.

Content
• Basic models of endogenous growth
• Human capital and economic growth
• Modelling of technological progress
• Diversity Models
• Schumpeterian growth
• Directional technological progress
• Diffusion of technologies

Media
• lecture slides
• exercises

Literature
Excerpt:
• Acemoglu, D. (2008): Introduction to modern economic growth. Princeton University Press, New Jersey.
• Aghion, P., Howitt, P. (2009): Economics of growth, MIT-Press, Cambridge/MA.
• Barro, R.J., Sala-I-Martin, X. (2003): Economic Growth. MIT-Press, Cambridge/MA.
• Sydsaeter, K., Hammond, P. (2008): Essential mathematics for economic analysis. Prentice Hall International, Harlow.
• Sydsæter, K., Hammond, P., Seierstad, A., Strom, A., (2008): Further Mathematics for Economic Analysis, Second
Edition, Pearson Education Limited, Essex.