Economic Growth (F)
Course content
The course introduces topics in the field of economic growth with particular relevance to the growth process in the industrialized part of the world. In particular, we study theories of economic growth where knowledge accumulation drives technological change, as determined by factor accumulation as well as through research and development. We also discuss the role played by technology transfer; the importance of misallocation in development as well as of economic geography. Measurement issues concerning economic growth will also be discussed.
Empirical evidence will be discussed in an effort to gauge the practical importance of various theories. Moreover, we review current debates in the area of economic growth where we apply various frameworks that are introduced in the course. For example: is a growth slowdown on the horizon? What is the cause of the transatlantic productivity divergence?
There will be an emphasis on formal models; understanding them, being able to evaluate them from both a theoretical and empirical perspective, and to use them to analyse specific questions.
MSc programme
in Economics – elective course
The course is part of the Financial line at the MSc programme in
Economics, symbolized by ‘F’.
The PhD Programme in Economics at the Department of Economics:
- The course is an elective course with research module. In order to register for the research module and to be able to write the research assignment, the PhD students must contact the study administration AND the lecturer.
- The course is a part of the admission requirements for the 5+3 PhD Programme. Please consult the 5+3 PhD admission requirements.
After completing the course the student is expected to be able to:
Knowledge:
• Have a broad appreciation of important papers in the literature relevant to economic growth in industrialized economies.
• Apply his/her knowledge of econometrics to articles that conduct quantitative analysis with bearing on growth within and across industrialized economies.
Skills:
• Understand theoretical models and arguments in the area, as well as be able to provide intuition for central mechanisms and assess the model’s empirical predictions.
• Appreciate some of the key debates among economists and how they relate to contemporary policy issues
Competencies:
• Function as a trained economist working on the problems of less developed countries in an international organization, business environment, government or non-governmental organization.
Lectures.
Changes to teaching methods due to a pandemic crisis:
The teaching in this course might be changed to either fully or
partly online due to a pandemic crisis. If changes are implemented
please read the study messages at KUnet or the announcements in the
virtual course room on Absalon (for enrolled
students).
The course uses selected chapters from Barro, R og X. Sala-i-Martin (2004). “Economic Growth” (2nd ed), MIT press as well as journal articles, handbook chapters etc.
Working knowledge of growth models at a level corresponding to
Barro, R og X. Sala-i-Martin (2004). “Economic Growth” (2nd ed),
MIT press, Ch. 1-3, which is covered in Macroeconomics II and
Macroeconomics III at the study of Economics, University of
Copenhagen.
Knowledge of basic econometrics such a cross-section and panel data
analysis, which is covered in Econometrics I at the Bachelor study
of Economics, University of Copenhagen.
Useful reading before the course is taken includes the mentioned
book by Barro and Sala-i-Martin Ch. 1-3.
Schedule:
3 hours lectures a week from week 6 to 20.
The overall schema for the Master can be seen at KUnet:
MSc in Economics => "courses and teaching" =>
"Planning and overview" => "Your timetable"
KA i Økonomi => "Kurser og undervisning" =>
"Planlægning og overblik" => "Dit skema"
Timetable and venue:
To see the time and location of lectures please press the link
under "Timetable"/"Se skema" at the right side
of this page (F means Spring).
You can find the similar information in English at
https://skema.ku.dk/ku2223/uk/module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for
respond)
-Select Module:: “2200-F23; [Name of course]”
-Select Report Type: “List – Weekdays”
-Select Period: “Forår/Spring”
Press: “ View Timetable”
Please be aware:
- The schedule of the lectures can change without the participants´
acceptance. If this occure, you can see the new schedule in your
personal timetable at KUnet, in the app myUCPH and through the
links in the right side of this course description and the link
above.
- It is the students´s own responsibility continuously throughout
the study to stay informed about their study, their teaching, their
schedule, their exams etc. through the curriculum of the study
programme, the study pages at KUnet, student messages, the course
description, the Digital Exam portal, Absalon, the personal schema
at KUnet and myUCPH app etc.
for enrolled students: Rules etc at Master(UK) and Master(DK)
Foreign students and guests: Information about admission requirements, application, tuition fee, registration at Study Economics. Please read the curriculum before enrolment.
Efteruddannelse, gæste- og enkelfagsstuderende: Ansøgning, optag, pris etc. se Uddannelse i Økonomi. Læs venligst studieordningen inden tilmelding.
- ECTS
- 7,5 ECTS
- Type of assessment
-
Written examination, 3 hours under invigilation
- Type of assessment details
- ITX-exam in the exam venues of the university.
The exam assignment is given in English and must be answered in English.
Changes to the exam due to a pandemic crisis:
In the event that restrictions from a pandemic crisis may affect the conduction of the ITX-exams, the written exam and the re-sit exam will change to a 3 hours written take-home exam. The changes will be announced in study messages at KUnet and in Digital Exam.
The take-home exam is an individual exam and it is not allowed to communicate with any one about the exam assignment nor the solution at all. It is also prohibited to distribute data and other information at all. If this or alike actions happens, it will be regarded as cheating and plagiarism. - Aid
-
No aids allowed at the written ITX-exam.
Information about allowed aids for the re-examination, please go to the section "Re-exam".
If the ITX-exam changes to a take-home exam due to a pandemic crisis, the written take-home exam is with all aids.
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
at the written exam.
The written ITX-exam may be chosen for external assessment by random sample.
An oral re-examination may be with external assessment.
Criteria for exam assessment
Students are assessed on the extent to which they master the learning outcome for the course.
In order to obtain the top grade “12”, the student must with no or only a few minor weaknesses be able to demonstrate an excellent performance displaying a high level of command of all aspects of the relevant material and can make use of the knowledge, skills and competencies listed in the learning outcomes.
In order to obtain the passing grade “02”, the student must in a satisfactory way be able to demonstrate a minimal acceptable level of the knowledge, skills and competencies listed in the learning outcomes.
Single subject courses (day)
- Category
- Hours
- Lectures
- 42
- Preparation
- 161
- Exam
- 3
- English
- 206
Kursusinformation
- Language
- English
- Course number
- AØKA08089U
- ECTS
- 7,5 ECTS
- Programme level
- Full Degree Master
Ph.D.
- Duration
-
1 semester
- Placement
- Spring
- Go to 'Signup' for information about registration and enrollment.
- Price
-
Information about admission and tuition fee: Master and Exchange Programme, credit students and guest students (Open University)
- Schedulegroup
-
and venue:
- For teaching: Go to 'Remarks'.
- For exam and re-sits: Go to 'Exam'. - Studyboard
- Department of Economics, Study Council
Contracting department
- Department of Economics
Contracting faculty
- Faculty of Social Sciences
Course Coordinators
- Carl-Johan Lars Dalgaard (19-7371827c3e7a7f78717e3e74717c77717182745075737f7e3e7b853e747b)
- Asger Mose Wingender (3-717d875075737f7e3e7b853e747b)
Teacher
Lectures: See ‘Course responsibles’
Please read "Remarks" regarding the schedule of the
teaching.
Timetable
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Courseinformation of students