Undergraduate Course: Capital and Growth Theory (ECNM10006)
Course Outline
| School | School of Economics |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 10 (Year 4 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | 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. |
| Course description |
Not entered
|
Information for Visiting Students
| Pre-requisites | None |
Course Delivery Information
|
| Academic year 2014/15, Available to all students (SV1)
|
Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
174 )
|
| Assessment (Further Info) |
Written Exam
70 %,
Coursework
30 %,
Practical Exam
0 %
|
| Additional Information (Assessment) |
Teamwork 10%
Multiple choice examination 20%
Degree examination in April/May 70% |
| Feedback |
Not entered |
| Exam Information |
| Exam Diet |
Paper Name |
Hours & Minutes |
|
| Main Exam Diet S2 (April/May) | | 2:00 | |
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.
|
Additional Information
| Graduate Attributes and Skills |
Not entered |
| Keywords | CGT |
Contacts
| Course organiser | Mr Donald George
Tel: (0131 6)50 3849
Email: D.George@ed.ac.uk |
Course secretary | Ms Dawn Hutcheon
Tel: (0131 6)51 5958
Email: Dawn.Hutcheon@ed.ac.uk |
|
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