ECON466 ECONOMICS OF GROWTH
| Course Code: | 3110466 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Prof.Dr. DÜRDANE ŞİRİN SARAÇOĞLU |
| Offered Semester: | Fall or Spring Semesters. |
Course Objectives
This course intends to cover alternative theories of growth, structural transformation and distribution, both from long-run and short-run perspectives. We will start by setting the stage with recent evidence on stylized facts and empirical regularities of economic growth and the distribution it implies. Next, starting with the basic Solow Model, we study alternative theories of growth and distribution. The third part of the course will cover issues regarding growth in an interdependent world.
Course Content
A formal analysis of growth models. The conception and measurement of technical change. The generation of new technologies in historical perspective and the emergence of `Science-based`industries. The essential features of modern R+D systems. Diffusion and adaptation of technology in development and choice of techniques.