Wachstum und Verteilung - Einzelansicht

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Description:

The course is open for M.A.and Ph.D. students. The objective of the course is to give an overview over modern theories of economic growth. The formal presentation uses the continuous--time framework in order to equip the students with the formal tools required to analyze continuous-time  economic dynamics. Besides looking at growth models, the lecture addresses also related topics like the distribution of wealth and income, exhaustible resources and stochastic growth models.

•  Formal Prerequisites: Differential Equations and Theory of Optimal Control
•  The Neoclassical Growth Model
•  The Ramsey Model
•  First Generation Models of Endogenous Growth
• Second Generation Model of Endogenous Growth
• Stochastic Growth 

•  Acemuglu, D., (2009), Introduction to Modern Economic Growth (Princeton University Press).
•  Barro, R. & Sala-i Martin, X., (2004), Economic Growth (MIT-Press), 3rd edn.

Further references and recommendations for further reading will be given during the course

Growth and Distribution II:

• 1 problem set
• 1 seminar paper
  

both mus be passed (4,0)