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£725 + VAT
Excellent course. Really strong structure and good use of evidence.
Excellent presenter. Knowledgeable and balanced.
I’d definitely recommend this course. A very interesting and perfect refresher course.
Excellent! One of the best courses I’ve been on – fully met my aims.
Excellent. I really enjoyed the course. Having two full days gave time to understand the topic deeply and gave the chance to ask questions and discuss. All the content was relevant, interesting and high quality.
Course Details Info
Morning - The Solow Model
Review of the NeoClassical model of growth. The Production Function: the importance of diminishing returns, the existence of a steady state, and how savings, investment and capital accumulation can translate into economic growth.
Afternoon – New Growth Theories
Endogenous growth and non diminishing returns: the importance of Research and Development and education. The possibility of Poverty traps. Models of innovation and creative destruction.
Morning – Total Factor Productivity
A measure of our ignorance: its definition(s), how it is computed and its determinants. A role for regulations, for institutions and for incentives. How to think about the role of institutions in growth?
Afternoon – The Empirics of Economic Growth
What determines GDP growth rates – growth regressions, convergence and catching up.An application to Southeast Asia.What determines GDP levels – TFP, institutions, education. Recent developments in empirical growth.The rise of global inequalities.
Are institutions exogenous?