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ECOS3018 - Economics of Growth
Faculty of Arts and Social Sciences - 6 credit points
HECS Band five
Domestic Fee: $3,662
International Fee: $4,162
EFTSL: 0.125000000
Help? - Unit of Study Costs
Department: Economics
Prerequisites: (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901) AND (ECOS2002 or ECON2002) or (ECOS2902 or ECON2902)
Prohibitions: ECOS3001
Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight

Assessment: 2x in-class tests (40%) and 1.5hr final exam (60%)

At the heart of an understanding of the dynamics of market or capitalist economies is an understanding of economic growth. This unit is an introduction to the analysis of economic growth including a comparison of competing explanations within formal growth theory. It considers the connection between growth and distribution, growth and technical progress, the role of economic policies and economic institutions in promoting growth as well as the limitations on growth associated with exhaustible natural resources. Lectures also provide some consideration of the empirical evidence on different explanations of growth.
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