PULS
Foto: Matthias Friel
Lecture: Thursday, 10.15-11.45 am, online via Zoom (link in the moodle course)
Tutorial: Tuesday, 12.15-13.45 pm, online via Zoom (link in the moodle course)
Moodle: regular uploads, password: Ramsey21
Description:The course is open for M.A.and Ph.D. students. The objective of the course is to give an overview overmodern theories of economic growth. The formal presentation uses the continuous–time frameworkin order to equip the students with the formal tools required to analyze continuous–time economicdynamics. Besides looking at growth models, the lecture addresses also related topics like thedistribution of wealth and income, exhaustible resources and stochastic growth models. The lectureis accompanied by a tutorial. (Credits: Lecture: 6 ECTS / Tutorial: 6 ECTS)
Contents:– 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
The following two books cover most of the topics addressed in the lecture:
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
Problem Sets
© Copyright HISHochschul-Informations-System eG