Teaching GuideTerm Faculty of Economics and Business |
Grao en Economía |
Subjects |
Macroeconomics: Growth and Dynamics |
Contents |
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Identifying Data | 2023/24 | |||||||||||||
Subject | Macroeconomics: Growth and Dynamics | Code | 611G01028 | |||||||||||
Study programme |
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Descriptors | Cycle | Period | Year | Type | Credits | |||||||||
Graduate | 2nd four-month period |
Third | Obligatory | 6 | ||||||||||
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Topic | Sub-topic |
Chapter 1: The empirical facts of economic growth | 1.1. The importance of growth 1.2. Interregional convergence 1.3. Empirical regularities in relation to economic growth 1.4. A Brief History of Modern Theory of Economic Growth |
Chapter 2: The Solow-Swan Growth Model | 2.1. The Foundations of the Neoclassical Solow-Swan Model 2.2. Steady state analysis 2.3. The growth rate over time 2.4. A quantitative measure of the duration of the transition 2.5. The convergence hypothesis |
Chapter 3: The Solow Model and Data: Growth Accounting and the Facts |
3.1. The Solow model 3.2. The Solow Model Expanded with Human Capital 3.3. Empirical evidence 3.4. Theory dissatisfaction with neoclassical theory |
Chapter 4: The Ramsey-Cass-Koopmans model. Dynamic optimization | 4.1. Ramsey-Cass-Koopmans model. The planner model 4.2. The solution with competitive markets 4.3. Steady state analysis 4.4. The dynamics of transition |
Chapter 5: Population and economic growth. The Malthus model | 5.1. The classical theory of population and growth 5.2. Endogenous population growth and fertility rate 5.3. The death rate, health spending and economic growth 5.4. Barro and Sala-i-Martín's fertility choice model |
Chapter 6:Convex endogenous growth models. The AK model | 6.1. The model of producer families 6.2. The utility dimension 6.3. The dynamics of transition 6.4. Evaluation of endogenous growth models |
Chapter 7: The role of government and fiscal policy in neoclassical growth models | 7.1. The model of producer families 7.2. The relationship between the size of the state and the growth rate 7.3. The economics of the central planner and optimal growth 7.4. The role that the State should play in the economy 7.5. How the State influences growth |
Chapter 8: The Romer model | 8.1. The basic elements of the Romer model 8.2. Growth in the Romer model 8.3. The economics of the Romer model 8.4 Solving the Romer model |
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