Why are some countries richer than others? Why have some economies been able to sustain high growth rates for decades, while others have a history of economic stagna-tion? Economists have been interested in these questions for a long time. This course provides an overview of what we know about the answers. We start by focusing on the engines of economic growth, capital accumulation (both physical and human) and productivity improvements. In particular, we examine to what extent income variation across countries can be explained by variation in human and physical capital accumula-tion; and how research and development, by improving technology, can lead to sustained productivity growth. We then turn to the deeper determinants that underlie cross-country differences in accumulation and productivity. In this context, we examine the role of institutions and geography, among other things.

To attend the course / exercise, registration via e-learning platform OLAT is required. Registration is possible from 7 February to 4 March 2022. The students themselves are responsible for checking the creditability of the course to their course of study.

Direct link to OLAT course:

https://lms.uzh.ch/url/RepositoryEntry/17168236595

Required materials: Nine handouts and a problem set (to be published on OLAT).