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14.452 Economic Growth
As 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.