KTTS2140 Growth Theory and Applications (5 cr)
Study level:
Advanced studies
Grading scale:
0-5
Language:
English, Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2024-2025, 2025-2026, 2026-2027, 2027-2028
Tweet text
Mistä talouden pitkän aikavälin kasvu saa alkunsa ja miten se tapahtuu? Mikä on yritysten innovaatiotoiminnan merkitys?
Description
The course considers in greater detail the sources of economic growth paying attention especially to the roles of the entrepreneurship and competition in industries and nations as well as innovation, experimentation, selection and "creative destruction" among firms.
Learning outcomes
On successful completion of the course, students will be able to:
- present the essential characteristics of Schumpeterian growth theory
- explain differences between alternative growth theories
- decompose and evaluate the micro-level sources of economic growth and productivity growth
- interpret the factors of economic growth using microeconometric research
- analyse links between economic policy and economic growth
- present the essential characteristics of Schumpeterian growth theory
- explain differences between alternative growth theories
- decompose and evaluate the micro-level sources of economic growth and productivity growth
- interpret the factors of economic growth using microeconometric research
- analyse links between economic policy and economic growth
Additional information
Ajoitus: 4. vuosi
Description of prerequisites
KTTA2160 Macroeconomics I , KTTA1110 Mathematical Economics I
Recommended prerequisites
- Prerequisite group 1
- Prerequisite group 2
- KTTA2160 Macroeconomics I (8 cr)
- KTTS1220 Mathematical Economics (8 cr)Not published for this curriculum period
- Prerequisite group 3
- KTTA2160 Macroeconomics I (8 cr)
- KTTA1110 Mathematical Economics I (5 cr)Not published for this curriculum period
OR
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Study materials
Luentokalvot, oppikirja ja muu opettajan osoittama materiaali.
Introduction to Economic Growth, Charles I Jones & Dietrich Vollrath, 4th edition, ISBN: 978-1-324-06375-9 (ilmestyy kesäkuussa 2024). https://wwnorton.com/books/9781324059578/about-the-book
Literature
- Philippe Aghion & Peter Howitt, The Economics of Growth, 2009; ISBN: 978-0-262-01263-8
- Charles I Jones & Dietrich Vollrath. 2024. Introduction to Economic Growth, 4th edition, ISBN: 978-1-324-06375-9
Completion methods
Method 1
Evaluation criteria:
Tentti
Time of teaching:
Period 4
Select all marked parts
Method 2
Evaluation criteria:
Book exam
Time of teaching:
Period 1, Period 2
Select all marked parts
Parts of the completion methods
x
Teaching (5 cr)
Type:
Participation in teaching
Grading scale:
0-5
Language:
Finnish
Teaching
3/27–5/31/2025 Blended teaching
x
Exam (5 cr)
Type:
Exam
Grading scale:
0-5
Language:
English, Finnish