Course ID:
Course Code & Number
ECON 421
Course Title
Economic Growth
Level
BS
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Year of Study:
Senior
Semester:
Fall
Type of Course:
Elective
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite::
Pre-requisites: ECON 222
Co-requisites: NONE
Catalog Description
Neoclassical and recent growth theories. Solow growth model and Cass- Koopmans model. Endogenous growth theory. Models of endogenous technological progress and technological diffusion.
Course Objectives
The aim of this course is to introduce students to growth theory and the empirical evidence on these theories. This course will provide an introduction to the exogenous and endogenous growth models. Students will understand growth accounting.
Software Usage
Students will use MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 2 hours a week.
Course Learning Outcomes
Upon succesful completion of this course, a student will be able to
1. Establish Ramsey growth model.
2. Compare and contrast exogenous and endogenous growth theories.
3. Solve exogenous and endogenous growth models.
4. Discuss the impact of technological change in growth.
5. Compare and contrast the role of labor supply and population in growth models.
6. Identify and discuss major economic issues of the day with respect to promoting or hindering growth.
Learning Activities and Teaching Methods:
Telling/Explaining
Discussion/Debate
Questioning
Reading
Peer Teaching
Demonstrating
Problem Solving
Case Study/Scenarion Analysis
Simulation & Games
Video Presentations
Oral Presentations/Reports
Guest Speakers
Web Searching
Assessment Methods and Criteria:
Test / Exam
Quiz
Case Studies / Homework
Presentation (Oral/Poster)
Assessment Methods and Criteria Others:
Design Content
Recommended Reading
Required Reading
1. Barro. R. J., and X. SalaiMartin, Economic Growth. 2nd edition. The MIT Press, Boston, 2003.
Grading
Learning Activities and Teaching Methods Others:
Course Coordinator:
Student Workload:
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Course & Program Learning Outcome Matching: