Objectives and competences
In this course students:
1. upgrade their knowledge about standard topics of economic growth and its applications
2. upgrade their methodological knowledge with econometric analysis economic growth
3. know how to apply standard econometric approached used for economic growth analysis
Content (Syllabus outline)
1. Neoclassical growth theory
2. Endogenous growth theories
3. Determinants of growth
4. Productivity, technological progress and economic growth
5. Growth in an open economy
6. Economic development: unequal distribution of income
7. Economic growth and sustainable income
Learning and teaching methods
lectures;
- teachers' consultations;
- self study with literature
Intended learning outcomes - knowledge and understanding
Development of Knowledge and Understanding
The learner:
? Knowledge base: has great depth and systematic understanding of economic growth characteristics and its application to the whole economy.
? Ethical issues: can analyse the ethical dilemmas by solving economic issues at the scientific level.
? Disciplinary methodologies: has a comprehensive understanding of empirical techniques for analysing economic growth.
Cognitive and Intellectual Skills
The learner:
? Analysis: with critical awareness, can undertake analysis, managing complexity, incompleteness of data or contradictions related to economic growth.
? Synthesis: can synthesize approaches and findings by forming scientific explanation.
? Application: can act independently and with originality in problem solving and is able to evaluate the role of empirical findings related to economic growth.
Key / Transferable Skills
The learner:
? Learning resources: is able to use full range of learning resources.
? Management of information: upgrades the ability to become an autonomous learner and is able to undertake research tasks.
? Autonomy: is independent and self-critical.
Practical Skills
The learner:
? Application of skills: can holistically and originally approach to research of economic growth processes.
Readings
Acemoglu, D. 2011. Introduction to Modern Economic Growth. Princeton University Press.
Weil, D. N. 2009. Economic Growth. Pearson International Edition.
Meade, J. E. 2009. The Growing Economy. AldineTransaction.
Galor, O. 2011. Unified Growth Theory. Princeton University Press.
Izbrani znanstveni članki/Selected scientific articles
Additional information on implementation and assessment - Seminar work 70
- Oral examination 30
Student passes the exam, when each part of the examination is positively evaluated.
