Second semester

Growth economics and sustainbility

Objectives

Identify the key drivers of long-term economic growth ; Solve dynamic models ; Understand the role of economic policy ; Analyze the interaction between economic growth, the environment, and sustainable development

Course outline

Economic growth and Balance Growth Path (BGP) ; Conditional and absolute convergence ; Dynamic optimization ; Phase diagrams ; Pareto-optimality of market equilibria ; Exogeneous and endogenous growth ; Externalities and public goods ; Education and R&D as drivers of growth ; Growth and environment.

Prerequisites

Foundations of macroéconomie et des agrégats macroéconomiques