ECON 453
Economic Growth
Units: 1.5, Hours: 3-0
Models of economic growth and fluctuations in the medium to long run. Neoclassical and endogenous growth theories and tests of these theories. Roles of capital, human capital, resources and technology in determining growth rates and income levels in different countries. Additional topics may include: the environment and limits to growth, welfare, theories of the business cycle, effects of demography and social security, international flows of capital, labour and knowledge.
Prerequisites:
Pre- or corequisites: 345 or 365; 351 or 251; 225 or ENGR 240 or a minimum grade of B+ in ENGL 135, 146 or 147.
Undergraduate course in Economics offered by the Department of Economics in the Faculty of Social Sciences.