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14.452 Economic GrowthAs taught in: Fall 2009Level:Graduate
Instructors:Prof. Daron Acemoglu

SES #

TOPICS

READINGS

1

Stylized facts of economic growth and development

[IMEG] chapter 1.

2

Introduction to the Solow growth model (cont.)

[IMEG] chapter 2.

3

Part 1

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

Part 2

Fundamental causes of income differences

Part 1

[IMEG] chapter 3.

Part 2

[IMEG] chapter 4.

4

Foundations of Neoclassical growth; representative customers, optimal and competitive allocations, welfare theorems

[IMEG] chapter 5.

5-6

Neoclassical growth

[IMEG] chapter 8.

7

Overlapping generations and dynamic efficiency

[IMEG] chapter 9.

8

Neoclassical endogenous growth: capital accumulation, externalities, and human capital

[IMEG] chapters 10, 11, and 12.

9-10

Endogenous growth with expanding input varieties

[IMEG] chapter 13.

11

Interdependences: human capital, technology diffusion, trade, and the world income distribution in an open economy

[IMEG] chapters 18 and 19.

12

Directed technical change: endogenous skill-bias and endogenous labor-augmenting technological change

[IMEG] chapter 15.

13

Optimal and competitive growth under uncertainty

[IMEG] chapter 17.