Economic growth theory

Ects : 2
Compétence à acquérir :
The aim of this course is to understand the key features of the growth and development process at the world level. To do so, we will introduce a number of theoretical models to develop an analytical framework of economic growth in historical perspective and across countries.
The course will be taught in a “flipped classroom” method based on the manual by Jones and Vollrath.

Description du contenu de l'enseignement :
Students will learn a variety of formal ways of modelling growth to answer three questions: why are we so rich and they so poor? What is the engine of economic growth? How can countries go through growth miracles?

W1 : Intro to economic growth (and mathematical tools)
W2 : Solow model (1)
W3 : Solow model (2)
W4 : Empirical applications of the Solow model
W5 : Economics of ideas & Romer-Jones model
W6 : Schumpeterian growth
W7 : Growth and development (using the Romer-Jones model to understand differences in development)
W8 : Social infrastructures and long-run economic performance
W9 : Population and the origin of sustained economic growth
W10 : Alternative theories of economic growth
W11 : Natural resources and economic growth

Enseignant responsable :