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ISCTE-IUL  >  Education  >  ME

Economic Growth (2nd Cycle) (1 º Sem 2019/2020)

Code: M8650
Acronym: M8650
Level: 2nd Cycle
Basic: No
Teaching Language(s): English
Friendly languages:
Be English-friendly or any other language-friendly means that UC is taught in a language but can either of the following conditions:
1. There are support materials in English / other language;
2. There are exercises, tests and exams in English / other language;
3. There is a possibility to present written or oral work in English / other language.
1 6.0 0.0 h/sem 30.0 h/sem 0.0 h/sem 0.0 h/sem 0.0 h/sem 0.0 h/sem 1.0 h/sem 31.0 h/sem 119.0 h/sem 0.0 h/sem 150.0 h/sem
Since year 2019/2020
Pre-requisites Intermediate macroeconomics; calculus
Objectives This is a Master's level course with the objectives of helping students to familiarize: with the central questions of economic growth theory; its applications to the analysis of economic growth sources; its uses in the discussion of differences in income across countries.
Program 1. Introduction to economic growth
2. Solow growth model
3. Confronting the Solow model with the data
4. The neoclassical growth model
5. The overlapping generations model
6. First generation endogenous growth models
Evaluation Method Performance evaluation is an ongoing activity as the term progresses and includes the following elements:
- Group assignment accounting for 30% of final grade
- One comprehensive exam accounting for 70% of final grade.
- A positive grade is conditional on a final test grade above 8/20.
Teaching Method The following learning methodologies (LM) will be used:

1. Expositional, to the presentation of the theoretical reference frames
2. Participative, with group analysis and resolution of application exercises
3. Active, with the realization of individual quizzes
4. Self-study, related with autonomous work by the student, as is contemplated in the Class Planning.
Observations Students are expected to participate actively throughout the semester. This requires studying before classes, solving the problem sets, and complying with the course evaluation.
At the e-learning platform all the lecture notes and assignments for the CU can be downloaded.
Basic Bibliographic - Acemoglu, D. (2009), Introduction to Modern Economic Growth, Princeton University Press
- Romer, D. (2012), Macroeconomics, 4th Edition, McGraw-Hill.
Complementar Bibliographic - Barro, R. and Sala-i-Martin, X. (2004), Economic Growth, 2nd Edition, The MIT Press
- Heijdra, B. J. (2009), Foundations of Modern Macroeconomics, Oxford University Press