ECON 432

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Economic Growth

Economics College of Family, Home, and Social Sciences

Course Description

Theory and evidence relating to economic growth, including physical and human capital accumulation, population, technological change, institutions, and government.

When Taught

Contact Department

Min

3

Fixed/Max

3

Fixed

3

Fixed

0

Title

Understand Measurement of Economic Growth

Learning Outcome

Be able to adjust values in one currency to values in another currency controlling for purchasing power parity (PPP) deviations and know how to access and manipulate common data sources used to measure economic growth.

Title

Understand Leading Theories and Frameworks for Studying of Economic Growth

Learning Outcome

Be able to use and analyze leading theories and models of economic growth, especially the Solow Model and modern refinements and offshoots of it.

Title

Understand History of Economic Growth and Development

Learning Outcome

Understand economic growth over the last several centuries and discuss the forces that have changed it over time, particularly starting with the Industrial Revolution

Title

Understand the Interaction Between Economic Growth and Many Other Economic Variables

Learning Outcome

Be able to discuss the relationship between economic growth and education, technology/innovation, trade/foreign investment, government policies and institutions, geography, culture, and inequality.