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ECON 475

ECONOMICS OF GROWTH

3-4 credits.

Theoretical analysis of issues in growth and development. Models will be motivated by country experiences. Topics include: factors affecting saving, investment and cross-country differentials on per capita income; the role of government institutions, market regulation, technology and trade.

Topics

Topics explicitly listed in official catalogue description

Prerequisites & course information

Requisites: ( ECON 301 or ECON 311 ), ( ECON 302 or ECON 312 ) and (MATH 217 or 221 ); or graduate/professional standing Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Advanced L&S Credit - L&S Liberal Arts and Science Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Summarize the salient stylized facts about growth and development in the post-World War II global economy. Audience: Both Grad & Undergrad 2. Use econometric methods to identify the proximate and fundamental sources of economic growth and international income differences. Audience: Both Grad & Undergrad 3. Use established economic models to analyze the major economic and demographic transitions from pre-industrial stagnation to today's modern growth economy. Audience: Both Grad & Undergrad 4. Apply the principles of endogenous growth theory to identify and analyze the conditions for sustained long-term growth. Audience: Both Grad & Undergrad 5. Apply the basic principles of dynamic programming to solve versions of the canonical neoclassical growth model and other dynamic macroeconomic models numerically. Audience: Graduate Learning Outcomes: 1. Summarize the salient stylized facts about growth and development in the post-World War II global economy. Audience: Both Grad & Undergrad 2. Use econometric methods to identify the proximate and fundamental sources of economic growth and international income differences. Audience: Both Grad & Undergrad 3. Use established economic models to analyze the major economic and demographic transitions from pre-industrial stagnation to today's modern growth economy. Audience: Both Grad & Undergrad 4. Apply the principles of endogenous growth theory to identify and analyze the conditions for sustained long-term growth. Audience: Both Grad & Undergrad 5. Apply the basic principles of dynamic programming to solve versions of the canonical neoclassical growth model and other dynamic macroeconomic models numerically. Audience: Graduate

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