Магистратура
2018/2019
Макроэкономика II (продвинутый уровень)
Статус:
Курс по выбору (Прикладная экономика и математические методы)
Направление:
38.04.01. Экономика
Кто читает:
Департамент экономики
Где читается:
Санкт-Петербургская школа экономики и менеджмента
Когда читается:
1-й курс, 4 модуль
Формат изучения:
без онлайн-курса
Преподаватели:
Колюжнов Дмитрий Васильевич
Прогр. обучения:
Прикладная экономика и математические методы
Язык:
английский
Кредиты:
4
Контактные часы:
44
Course Syllabus
Abstract
Macroeconomics is the study of economic growth and business cycles. This Macroeconomics II course is the second in graduate Macroeconomics courses sequence and is devoted to the study of economic growth. To bring a student to date on the frontiers of the subject, the course introduces all the major growth paradigms (neoclassical, AK, product-variety, and Schumpeterian), with a focus on innovation-based, or “Schumpeterian” growth theory, and then shows how these paradigms can be used to analyze various aspects of the growth process and to think about the design of growth policy.
Learning Objectives
- The course will cover the details of model building and will also survey some of the literature confronting the theory with empirical evidence.
Expected Learning Outcomes
- Understand the principles of growth model building
- Know basic neoclassical and endogenous growth models, growth “stylized facts” and puzzles, four growth paradigms.
- Know the most recent contributions and debates on growth.
- Be able to modify basic growth models.
- Be able to analyze, evaluate and estimate policy implications.
Course Contents
- Models of endogenous technological changea. The first wave of (AK) endogenous growth models b. The second wave of endogenous (innovation-based) growth theory i. Horizontal innovations ii. Vertical innovations. The Shumpeterian model
- Evaluating growth models
- Finance and growth
- Technology transfer and cross-country convergence
- Growth, technology and inequality
- Growth and developmenta. Stages of growth b. Institutions and nonconvergence traps
- Policy lessonsa. Competition policy and growth b. Investing in education c. Liberalizing trade d. Growth in space and migration e. Redistributive institutions and innovation f. Growth and environment policy
Interim Assessment
- Interim assessment (4 module)0.2 * class tests and class participation + 0.6 * final exam + 0.2 * home assignments
Bibliography
Recommended Core Bibliography
- Kim, T.-Y., & Heshmati, A. (2014). Economic Growth : The New Perspectives for Theory and Policy. Berlin, Heidelberg: Springer. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=670544
Recommended Additional Bibliography
- Weil, D. N. (2016). Economic Growth : International Edition (Vol. Third edition). Abingdon, Oxon: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=1244212