Course content

Why are some countries rich while others are poor? This is the central question of growth economics. The course introduces students to cutting-edge research in a number of subthemes within growth economics. The course covers six overarching themes: (1) Dynamic Macroeconomic Models; (2) Capital Accumulation and Total Factor Productivity; (3) Private Savings, Investment and Growth Outcomes; (4) Learning by Doing and Human Capital; (5) R&D and Endogenous Technological Change; (6) Applications to Short-Run and Long-Run Analysis. To study these topics, we use a combination of teaching and learning activities, including introductory readings and practical exercises.

Learning outcome

Knowledge

You learn

• Methodological tools used in growth economics research

• Theoretical and empirical developments in the field

• Independent research in growth economics

Skills

You should be able to

• Critically engage with research and debates in the field

• Apply theoretical models to real-world economic issues

• Use data analysis to distinguish among alternative engines of economic growth

General competence

You should be able to

• read and understand research articles and public reports dealing with issues discussed in the course 

• use the content of the course in your own academic work such as your master thesis 

Learning methods and activities

2 hours of lectures every week. The course has compulsory activities. Specific requirements will be announced at the beginning of the term. The term papers can be written as a joint project. The course is not taught every semester. Check courses that are taught at https://www.ntnu.no/econ/valgfrie-masteremner.

Compulsory assignments

• Mandatory activity

Specific conditions

Recommended previous knowledge

Bachelor's degree in Economics

Required previous knowledge

None

Course materials

Announced at the beginning of the term.