KTTS2140 Growth Theory and Applications (5 cr)

Open the course unit brochure on Sisu
Study level:
Advanced studies
Grading scale:
0-5
Language:
English, Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2020-2021, 2021-2022, 2022-2023

Description

The course considers in greater detail the sources of economic growth paying attention especially to the roles of the entrepreneurship and competition in industries and nations as well as innovation, experimentation, selection and "creative destruction" among firms.

Learning outcomes

On successful completion of the course, students will be able to:
- present the essential characteristics of Schumpeterian growth theory
- explain differences between alternative growth theories
- decompose and evaluate the micro-level sources of economic growth and productivity growth
- interpret the factors of economic growth using microeconometric research
- analyse links between economic policy and economic growth

Additional information

Ajoitus: 4. vuosi

Description of prerequisites

KTTA2160 Macroeconomics I , KTTA1110 Mathematical Economics I

Study materials

Luentokalvot, oppikirja ja muu opettajan osoittama materiaali

Literature

  • Philippe Aghion & Peter Howitt, The Economics of Growth, 2009; ISBN: 978-0-262-01263-8

Completion methods

Method 1

Evaluation criteria:
Tentti
Time of teaching:
Period 4
Select all marked parts

Method 2

Evaluation criteria:
Book exam
Time of teaching:
Period 1, Period 2
Select all marked parts
Parts of the completion methods
x

Teaching (5 cr)

Type:
Participation in teaching
Grading scale:
0-5
Language:
Finnish

Teaching

x

Exam (5 cr)

Type:
Exam
Grading scale:
0-5
Language:
English, Finnish

Teaching