Units of Study

ECOS3018 - Economics of Growth

Semester 2, 2011  |  Credit Points: 6

Coordinator: Graham Kenneth White

Description

At the heart of an understanding of the dynamics of market or capitalist economies is an understanding of economic growth. This unit is an introduction to the analysis of economic growth including a comparison of competing explanations within formal growth theory. It considers the connection between growth and distribution, growth and technical progress, the role of economic policies and economic institutions in promoting growth as well as the limitations on growth associated with exhaustible natural resources. Lectures also provide some consideration of the empirical evidence on different explanations of growth.

Assessments

Two in-class tests (40%); Final exam (60%)

Classes

One 2 hour lecture per week and one additional hour per fortnight

Prerequisites

ECOS2001 (or ECON2001) OR ECOS2901 (or ECON2901) and ECOS2002 (or ECON2002) OR ECOS2902 (or ECON2902)

Prohibitions

ECOS3001

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