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Department of Economics, Unit Catalogue 2011/12


ES30046: Growth theory

Click here for further information Credits: 6
Click here for further information Level: Honours (FHEQ level 6)
Click here for further information Period: Semester 2
Click here for further information Assessment: EX 100%
Click here for further information Supplementary Assessment: Reassessment not allowed
Click here for further information Requisites: Before taking this unit you must take ES20013 and take ES20014
Click here for further information Description: Aims:
To provide an account of the modern economic analysis of economic growth; though the unit draws appropriately on standard mathematical and numerical techniques, much emphasis is on economic intuition and political relevance.

Learning Outcomes:
Students should:
* be able to understand and critically appraise the analytical models and empirical evidence relevant to understanding the causes of differences in long-term growth performance across countries and regions;
* have sufficient skills to begin to formulate growth models competently.

Skills:
Ability to develop rigorous arguments through precise use of concepts and mathematical models (Taught/Assessed/Facilitated).

Content:
The basic neo-classical model. Overlapping generations. Optimal growth. Endogenous growth. Human capital. Imperfect Credit Markets. Inequality, Redistribution and Growth. R&D and Growth. Institutions, Culture and Growth.
Click here for further informationProgramme availability:

ES30046 is Optional on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc (hons) Economics (Full-time) - Year 3
  • UHES-AKB03 : BSc (hons) Economics (Full-time with Thick Sandwich Placement) - Year 4
  • UHES-AFB02 : BSc (hons) Economics and International Development (Full-time) - Year 3
  • UHES-AKB02 : BSc (hons) Economics and International Development (Full-time with Thick Sandwich Placement) - Year 4
  • UHES-AFB01 : BSc (hons) Economics and Politics (Full-time) - Year 3
  • UHES-AKB01 : BSc (hons) Economics and Politics (Full-time with Thick Sandwich Placement) - Year 4

NB. Programmes and units are subject to change at any time, in accordance with normal University procedures.