Ec 140
Economic Progress
Economic Progress
9 units (3-0-6)
|
second term
Prerequisites: Ec 11; Ec 122 recommended.
This course examines the contemporary literature on economic growth and development from both a theoretical and historical/empirical perspective. Topics include a historical overview of economic progress and the lack thereof; simple capital accumulation models; equilibrium/ planning models of accumulation; endogenous growth models; empirical tests of convergence; the measurement and role of technological advancement; and the role of trade, institutions, property rights, human capital, and culture. Not offered 2023-24.