ECON 453 Theories of Economic Growth and Development I
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Introduction to modern theories of growth; the neoclassical growth model; the golden rule of accumulation; transitional dynamics and the steady state; exogenous versus endogenous growth modeling; sources of growth and the convergence of nations; empirics of growth. Introduction to endogenous growth.
Credit units: 3 ECTS Credit units: 5, Prerequisite:
(ECON 201 and ECON 202) or (ECON 204 and ECON 206).
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