Study-Unit Description

Study-Unit Description



CODE ECN4001

 
TITLE Growth Economics

 
UM LEVEL 04 - Years 4, 5 in Modular UG or PG Cert Course

 
MQF LEVEL Not Applicable

 
ECTS CREDITS 5

 
DEPARTMENT Economics

 
DESCRIPTION Course Objective:

The objective of the course is to introduce the models of economic growth currently used in mainstream macroeconomic literature, ranging from the Harrod-Domar to the Solow model to endogenous growth theories. The course features a mix of theoretical exposition, including an introduction to the mathematics of dynamic optimisation, and practical applications.

Indicative list of topics to be covered:
- Stylised facts about economic growth
- Models of exogenous growth
- Models of endogenous growth
- Growth accounting and Total Factor Productivity
- Convergence and economic integration

Suggested textbooks:

- Barro R and X Sala-I-Martin, Economic Growth, McGraw Hill
- Van den Berg H, Economic Growth and Development¸ Mc Graw Hill.

 
STUDY-UNIT TYPE Lecture

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
Examination (2 Hours) Yes 100%

 
LECTURER/S Gordon Cordina

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years.


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