Economics 249EG - Topics in Economics: 'Economic Growth'

Once upon a time, the whole world was poor. Why is that no longer true? Since the Solow growth model was developed in the 1950s, we have known that the primary engine for economic growth is technological change. There has been a vast amount of research since the mid-1990s that has expanded our understanding of the mechanisms of economic growth, what creates technological change and how it affects economies. What is the difference between countries that have become rich and those that have not? Is there something countries can do to increase their economic growth? This course explores the mathematical models economists have been building to answer these and related questions.

Prereq: ECON-110 and MATH-101.