This course explores theoretical developments in the analysis of economic growth and introduces current debates on evidence and policy relevant to the growth performance of both developed and developing economies. The course is structured around a series of key papers from journals. The theoretical material is reinforced by tutorial exercises that require students to understand and interpret the mathematics and economics of the growth models.
Upon successful completion, students will have the knowledge and skills to:
- understand how growth models have developed and changed over time;
- know about the theoretical developments in the analysis of economic growth;
- be introduced to current debates on evidence and policy relevant to the growth performance of both developed and developing economies.
- Tutorial assignments (best 4 / 5) (20) [LO null]
- 1 Essay (3-4,000 words) (20) [LO null]
- Final Exam (60) [LO null]
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Two hours of lectures and one tutorial per week. Students are expected to spend a total of 10 hours a week on this course, on average across the semester.
Requisite and Incompatibility
As advised on the course Wattle site.
1. The standard neo-classical growth model with exogenous investment (Solow-Swan) and with optimal investment (Ramsey).
2. Differential equations and principles of static and dynamic optimisation (e.g. Barro and Sala-i-Martin, Economic Growth, Appendix on Mathematical Methods).
Potential students who are not familiar with these topics must discuss with the lecturer their suitability for this course. They can read up on these topics in the Barro text.
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
Offerings, Dates and Class Summary Links
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.