Session	Dates	Price
Fall Semester 2009 - German Language and Elective	Early September - Early December 2009	$9,995
Academic Year 2009-2010 - German Language and Elective	Early September 2009 - Early June 2010	$18,995

Full Description

Aims and Content:

This lecture asks for the determinants of economic growth and links modern growth theories to actual development issues.

The topics covered are:

Evolutionary theories of economic development: a secular perspective
Role of institutional change for growth and development
Combining factors of production and the process of economic growth
Neoclassical growth theory
Theories on endogenous growth
Implications for economic development
Limitations of growth

Target skills

Students will get an overview on guiding theoretical concepts on growth and development. These models will be applied to an empirical context enabling students to better understand the driving forces of growth in different stages of development as well as its embeddedness in the institutional environment and possible limitations to growth.