Undergraduate Course: Capital and Growth Theory (ECNM10006)
Course Outline
| School | School of Economics |
College | College of Humanities and Social Science |
| Course type | Standard |
Availability | Available to all students |
| Credit level (Normal year taken) | SCQF Level 10 (Year 4 Undergraduate) |
Credits | 20 |
| Home subject area | Economics |
Other subject area | None |
| Course website |
None |
Taught in Gaelic? | No |
| Course description | How does the economy grow over time and what determines the rate of growth? What is the optimal rate of growth? Can and should the government intervene to influence the growth process? The aim of this course is to acquaint students with recent developments in economic growth theory and its answers to these important questions, building on the coverage of growth theory in Economics 2 and Topics in Economic Analysis 1, which is a pre-requisite. This means that the course is primarily aimed at Senior Honours students. Other students (e.g. Visiting Undergraduates) interested in taking the course should consult the course organiser. Topics covered include: general equilibrium and growth theory; the neoclassical one-sector (Solow-Swan) and two-sector (Uzawa) models; functional distribution of income; optimal growth, the golden rule; Ramsey utility and dynamic optimisation; exogenous technical progress; endogenous growth theory, AK model; human capital and two sector endogenous growth models; endogenous technical progress; convergence; growth and cycles. |
Information for Visiting Students
| Pre-requisites | None |
| Displayed in Visiting Students Prospectus? | Yes |
Course Delivery Information
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| Delivery period: 2012/13 Semester 2, Available to all students (SV1)
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Learn enabled: Yes |
Quota: None |
| Location |
Activity |
Description |
Weeks |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
| Central | Lecture | Lecture Theatre 4, 7 Bristo Square | 1-11 | 14:00 - 15:50 | | | | |
| First Class |
First class information not currently available |
| Exam Information |
| Exam Diet |
Paper Name |
Hours:Minutes |
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| Main Exam Diet S2 (April/May) | | 2:00 | | |
Summary of Intended Learning Outcomes
| After successful completion of this course students should have developed their general skills of critical analyss and assessment; obtaining and processing information from a variety of sources; presentation and communication skills; interpersonal and groups skills; independent action and initiative; managing tasks and time. |
Assessment Information
Teamwork 10%
Multiple choice examination 20%
Degree examination in April/May 70%
Visiting Student Variant Assessment
Teamwork 10%
Three 2,000 word essays @ 30% each |
Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Not entered |
| Transferable skills |
Not entered |
| Reading list |
Not entered |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords | Not entered |
Contacts
| Course organiser | Mr Donald George
Tel: (0131 6)50 3849
Email: D.George@ed.ac.uk |
Course secretary | Ms Eirlys Armstrong
Tel: (0131 6)50 8361
Email: eirlys.armstrong@ed.ac.uk |
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