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30 NQF credits at HEQSF level 9
Course entry requirements: ECO5021F Advanced Macroeconomics or equivalent or at the discretion of the Head of Department. Students not registered for an Economics Masters programme will need permission from the graduate convenor.
Course outline:
The course will be several topics covering growth theory. The topics are broadly into three main sections: Productivity growth; Institutions and geography; and the link between productivity growth and institutions and geography. The course will cover both the international and South African empirical evidence related to these sections: 
(1) The Solow-Swan
Model and the empirical evidence on convergence; 
(2) The Ramsey and Cass Koopman Models
with special cases of the utility function; 
(3) Endogenous Growth: Externalities, R&D, Innovation;
(4) The Political Economy of Growth.
Lecture times: Wednesday, Friday: 14h00-15h45
DP requirements: None
Assessment: Coursework 40%; examination 60%.

Last updated : 18 Apr 2018

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