Descriptif
This course introduces the students to the fundamental concepts of economic growth. The first part covers optimization techniques and the exogenous growth model. The second part focuses on endogenous growth, overlapping generations, directed technical change, and growth and development.
Objectifs pédagogiques
The goal of this course is to study economic growth and its determinants. At the end of the course, the students will have a good knowledge of the fundamental models that economists use when they work on growth but also good technical skills in how to solve various mathematical problems that are common in many areas of macroeconomics.
effectifs minimal / maximal:
/62Diplôme(s) concerné(s)
- M1 MiE - Master en Economie
- Programmes d'échange internationaux
- Titre d’Ingénieur diplômé de l’École polytechnique
Parcours de rattachement
Pour les étudiants du diplôme M1 MiE - Master en Economie
Prerequisites:
- Basic concepts from microeconomics, such as utility and profit maximization and the two welfare theorems.
- Mathematical methods, such as static and dynamic optimization.
Prerequisites:
- Basic concepts from microeconomics, such as utility and profit maximization and the two welfare theorems.
- Mathematical methods, such as static and dynamic optimization.
Pour les étudiants du diplôme Titre d’Ingénieur diplômé de l’École polytechnique
Vous devez avoir validé l'équation suivante : UE ECO_41031_EP
Format des notes
Numérique sur 20Littérale/grade réduitPour les étudiants du diplôme Programmes d'échange internationaux
Vos modalités d'acquisition :
Final exam 85% and homework 15%
Le rattrapage est autorisé (Note de rattrapage conservée)- Crédits ECTS acquis : 5 ECTS
Pour les étudiants du diplôme M1 MiE - Master en Economie
Le rattrapage est autorisé (Note de rattrapage conservée)- Crédits ECTS acquis : 8 ECTS
Pour les étudiants du diplôme Titre d’Ingénieur diplômé de l’École polytechnique
Vos modalités d'acquisition :
Written closed book exam
Le rattrapage est autorisé (Note de rattrapage conservée)- Crédits ECTS acquis : 5 ECTS
La note obtenue rentre dans le calcul de votre GPA.
Programme détaillé
Course organization - detailed outline: The course is organized in 18 lectures of 2 hours each
Course 1: The Solow Model
Course 2: The Neoclassical growth model
Course 3: Competitive Equilibriums
Course 4: Inequality
Course 5: Fiscal Policy
Course 6: Continuous time
Course 7: Overlapping Generations
Course 8: Endogenous Growth, Schumpeterian growth
Course 9: Growth accounting
Course 10: Fundamental causes of growth