sap course 1429290695

Course Code & Number:

ECON 421

Course Title:

Economic Growth

Level of Course:

BS

Credits:

(3+0+0) 3 TEDU Credits, 6 ECTS Credits

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.

Pre-requisites & Co-requisites:

Pre-requisites: ECON 222
Co-requisites: NONE
Year of Study: 
Senior
Semester: 
Fall
Mode of Delivery: 
Face-to-face
Language of Instruction: 
English
Course Type: 
Elective
Required Reading: 
1. Barro. R. J., and X. SalaiMartin, Economic Growth. 2nd edition. The MIT Press, Boston, 2003.
Course Objective: 

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.

Extended Description: 

Growth Models with Exogenous Saving Rates. Solow Growth Model. Extensions of Ramsey Growth Model. One-sector Models of Exogenous Growth. Two-sector Models of Exogenous Growth. Technological Change. Labor Supply and Population. Growth Accounting. Introduction to Endogenous Growth.

Computer Usage: 
Students will use MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 2 hours a week.
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.

Planned 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 Presentation
Guest Speakers
Web Searching
Assessment Methods and Criteria: 
Test / Exam
Quiz/Homework
Written Project
Presentation (Oral/Poster)

Student Workload:

Quizzes /Homeworks
40
hrs
Midterm Exam 1
16
hrs
Final Exam
16
hrs
Research Review
24
hrs

Prepared By:

Jülide Yıldırım Öcal

Revised By:

sap_editor