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Growth Theory


Dozent/in Prof. Dr. Manuel Oechslin
Veranstaltungsart Vorlesung
Code HS241001
Semester Herbstsemester 2024
Durchführender Fachbereich Wirtschaftswissenschaften
Studienstufe Bachelor Master
Termin/e Mo, 23.09.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 30.09.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 07.10.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 14.10.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 21.10.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 28.10.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 04.11.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 11.11.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 18.11.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 25.11.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 02.12.2024, 10:15 - 12:00 Uhr, 4.B47
Mo, 09.12.2024, 10:15 - 12:00 Uhr, 4.B47
Umfang 2 Semesterwochenstunden
Turnus weekly
Inhalt Why are some countries richer than others? What are the engines of long-run economic growth? How does the wealth inequality evolve over time? Or: What is the impact of gov-ernment finances on short- and long-run economic activity? This course introduces some basic growth theories that are used to address these and many related questions. Among the growth models studied are the Ramsey-Cass-Koopmans model, the overlapping-generations model, and models of endogenous growth. Besides working with these models, there is also a focus on useful methods such as dynamic optimization or phase diagrams. Finally, we will have a look at some current research topics.
Lernziele Students learn to apply suitable macroeconomic models to predict the long-run behavior of important aggregate variables such as output, consumption, investment, total factor productivity, and the wealth distribution. Moreover, students become proficient in judging policy measures in a normative way based on the relevant macroeconomic theories.
Voraussetzungen Open to MA and advanced BA students.
Sprache Englisch
Anmeldung
To attend the course / exercise, registration via e-learning platform OLAT is required. Registration is possible from 2 – 27 September 2024. The students themselves are responsible for checking the creditability of the course to their course of study.
Direct link to OLAT course: to follow
Prüfung ***IMPORTANT*** In order to acquire credits, resp. to take the examination, registration via the Uni Portal within the examination registration period is ESSENTIALLY REQUIRED. Further information on registration: www.unilu.ch/wf/pruefungen
Abschlussform / Credits Written exam / 6 Credits (für Modul Wahlbereich Wirtschaftswissenschaftliche Fakultät)
Written exam / 6 Credits (für Modul Wahlpflichtbereich)
Written exam / 6 Credits (für Modul Zyklen, Wachstum und Entwicklung)
Written exam / 6 Credits (für Modul Spezialisierung Politische Ökonomie)
Written exam / 6 Credits (für Modul Wahlbereich Wirtschaftswissenschaftliche Fakultät)
Written exam / 6 Credits (für Modul Weitere Studienleistungen im Bereich Volkswirtschaftslehre)
Written exam / 6 Credits (für Modul Weitere Studienleistungen im Bereich Volkswirtschaftslehre)
Written exam / 3 Credits (für Modul Weitere Studienleistungen im Bereich Volkswirtschaftslehre)
Written exam / 6 Credits (für Modul Weitere Studienleistungen im Bereich Volkswirtschaftslehre)
Hinweise Tutorial Growth Theory is an integral part of this lecture.
Hörer-/innen Ja
Kontakt manuel.oechslin@unilu.ch
Literatur

The course is based on lecture notes and a problem set. These materials will be published on OLAT. The lecture notes follow, more or less closely, selected chapters of David Romer’s textbook "Advanced Macroeconomics" (McGraw-Hill).

The lecture notes refer to a number of research papers and books. These are not required reading materials, but they are recommended for students with a particular interest in economic growth.