Macroeconomics II (2 º Sem 2017/2018)

1. What is economic growth?
- Economic growth: data and facts.
- Theories of growth: a brief historical summary.
2. The neoclassical model of growth.
- The neoclassical model (Solow-Swan) of economic growth.
- The Solow model of human capital.
- Empirical evidence of the Solow model.
3. Endogenous models of growth.
- Endogenous models of growth. The AK model.
- Technology, technological development and the economy of ideas.
- The Romer model and the Schumpeter model.
4. Complimentary topics about growth.
- Social infrastructures and the role of institutions.
- Population and an economically sustainable economic growth.
- Natural resources and economic growth.