Units of Study

ECOS3018 - Economics of Growth

Semester 2, 2012  |  Credit Points: 6

Coordinator: Matthew Luke Smith

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

2x in-class tests (40%) and 1.5hr final exam (60%)

Classes

1x2-hr lecture/week, 1x1-hr tutorial/fortnight

Prerequisites

(ECOS2001 or ECON2001) or (ECOS2901 or ECON2901) AND (ECOS2002 or ECON2002) or (ECOS2902 or ECON2902)

Prohibitions

ECOS3001

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