Section outline

  • This course focuses on economic growth and long-term economic development. While macroeconomists may have differing views on how to analyze short-term economic fluctuations and policies to implement (e.g. minimum wage), there is broad consensus on the foundational models used in long-run macroeconomic growth analysis. Among these, the Solow growth model and the Ramsey/neoclassical growth model stand out as central frameworks.

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