
- Instructor: Debra Rosenhain
- Lectures: 37
- Students: 70350
- Duration: 10 weeks
This course is an outline and excerpts from a comprehensive academic work on economic growth, likely a textbook or major research monograph, focusing heavily on endogenous growth theory. The content is structured into parts that systematically analyse various growth paradigms, including the neoclassical, AK, Romer product-variety, and Schumpeterian models, dedicating substantial space to the mathematical and theoretical underpinnings of each. Key themes explored include the role of innovation and technological change as central drivers of long-run growth, the impact of factors like finance, credit constraints, and wealth inequality on the growth process, and the importance of institutions, macroeconomic policy, and human capital in determining a country’s development path and its likelihood of achieving convergence. The text frequently references both theoretical models and supporting empirical evidence, such as cross-country regressions, to investigate issues like wage inequality, trade effects, and the transition from Malthusian stagnation.
Foundations of Economic Growth and Innovation Course is based on textbook learning material by Academy Europe.
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Audience
This course by Academy Europe aims at imparting quality education and training to students.
Academy Europe is dedicated to its students, their specific learning requirements, and their overall learning success.
This course is directed toward a student-centered, independent study, asynchronous learning approach.
After completing this course on Academy Europe, students will get self improvement and promotion in their careers.
This course is based on at least two learning skills which are provided to the users through audio & visuals, videos, verbal presentations and articles, all of which are asynchronized with distance education approach.
Prerequisites
Before you start proceeding with this course on Academy Europe, we are assuming that you have a good aptitude and can think logically. You should want to try something different.
Ideal candidates for the course would typically possess:
– Discipline and attentiveness
– Ability to conduct research
– Ability to perform tasks with speed, efficiency, and accuracy
– Analytical judgment
– Patience to interpret technical/scientific data
– A willingness to learn, roll up your sleeves and work toward your dream!
– A computer, tablet or smartphone and an internet connection
– Basic computer skills
Curriculum
- 8 Sections
- 37 Lessons
- 10 Weeks
- Introduction1
- A Primer on the Mathematical Foundations of Economic Growth Theory5
- Briefing Document: Core Paradigms and Policy Implications of Economic Growth Theory6
- Comprehensive Lecture Notes on the Economics of Growth4
- Policy Briefing: Fostering Sustainable Growth and Innovation4
- The Great Divergence: Technology, Institutions, and the Pathways to Prosperity5
- Understanding Economic Growth: The Core Theories Explained8
- 7.11. Introduction: Why Do Economists Study Growth?
- 7.22. The Foundational Theory: The Neoclassical (Solow-Swan) Model
- 7.33. Endogenous Growth: Bringing Technology Inside the Model
- 7.44. The First Wave of Endogenous Growth: The AK Model
- 7.55. The Second Wave: Innovation-Based Growth Models
- 7.66. The Schumpeterian Model: Growth Through “Creative Destruction”
- 7.77. Tying It All Together: A Comparison of Growth Theories
- 7.88. Conclusion: The Evolving Understanding of Growth
- Study Guide: Economic Growth Theory4
Requirements
- Discipline and attentiveness
- Ability to conduct research
- Ability to perform tasks with speed, efficiency, and accuracy
- Analytical judgment
- Patience to interpret technical/scientific data
- A willingness to learn, roll up your sleeves and work toward your dream!
- A computer, tablet or smartphone and an internet connection
- Basic computer skills
Features
- Before you start proceeding with this course on Academy Europe, we are assuming that you have a good aptitude and can think logically. You should want to try something different.
Target audiences
- This course by Academy Europe aims at imparting quality education and training to students.
- Academy Europe is dedicated to its students, their specific learning requirements, and their overall learning success.
- This course is directed toward a student-centered, independent study, asynchronous learning approach.
- After completing this course on Academy Europe, students will get self improvement and promotion in their careers.
- This course is based on at least two learning skills which are provided to the users through audio & visuals, videos, verbal presentations and articles, all of which are asynchronized with distance education approach.