Economic Growth (Bachelor)
Lecturer: Joonseok Oh, Ph.D.
- Lecture and exercise sessions
Lecture: Friday, 2 - 4 pm
- Starting October 18, HS 101 Hörsaal (Garystr. 21)
Exercise sessions: Monday, 10 am - noon
- Starting October 21, Hs 107 Hörsaal (Garystr. 21)
- Course content
- The course offers an introduction to economic growth. First, it offers a review of the key empirical facts related to the differences in standards of living among countries over the last two centuries. Both developed and developing countries are covered. Second, theories focusing on factor accumulation are presented as preliminary explanations for the historical experience of countries. The role of physical and human capital, population growth and demographic change are examined. Third, technological progress as a key preliminary explanation of economic growth is emphasized, before the fundamental causes of economic growth such as institutions, income inequality, culture, geography and natural resources are discussed. The course aims to provide the ground for a deeper analysis of economic growth.
- The syllabus can be found here.
- Course language: English