14.452 Economic Growth, Fall 2009
Name
14-452-fall-2009/contents/index.htm
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34.41 KB
Format
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Checksum (MD5)
e43f0a63cafb14bac5d70c6dd01bc813
Author(s)
Acemoglu, Daron
Alternative Title
Economic Growth
Date Issued
December 2009
Abstract
This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.
Subjects
economic growth
development
modern
world income distribution
Solow growth model
income differences
neoclassical growth
optimal and competitive allocations
welfare theorems
overlapping generations
dynamic efficiency
growth under uncertainty
incomplete markets
neoclassical endogenous growth
capital accumulation
externalities
human capital
endogenous growth
expanding input varieties
directed technical change
endogenous skill-bias technological change
endogenous labor-augmenting technological change
interdependences
technology diffusion
open economy
trade
MIT Department
Massachusetts Institute of Technology. Department of Economics
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