Calendar

SES # TOPICS KEY DATES
1

Part 1

Stylized facts of economic growth and development

Part 2

Introduction to the Solow growth model

 
2 Introduction to the Solow growth model (cont.) Problem set 1 out
3

Part 1

The Solow model and the data; growth accounting, levels accounting, and the facts

Part 2

Fundamental causes of income differences

 
4 Foundations of Neoclassical growth; representative customers, optimal and competitive allocations, welfare theorems Problem set 1 due
5-6 Neoclassical growth Problem set 2 out in Ses #5
7 Overlapping generations and dynamic efficiency Problem set 2 due
8 Neoclassical endogenous growth: capital accumulation, externalities, and human capital Problem set 3 out
9-10 Endogenous growth with expanding input varieties Problem set 3 due and problem set 4 out in Ses #9
11 Interdependences: human capital, technology diffusion, trade, and the world income distribution in an open economy Problem set 4 due
12 Directed technical change: endogenous skill-bias and endogenous labor-augmenting technological change  
13 Optimal and competitive growth under uncertainty Final exam taken 1 week after Ses #13