This course deals with theories and explanations of economic growth from the positive economics point of view. The framework of analysis derives from factor accumulation and productivity including physical and human capital and population, measurement of productivity, role of technology, efficiency, the open economy, distribution of income, and other factors such as culture, geography and natural resources.
- Analyze economic growth of a nation using standard economic tools such as factor accumulation and productivity
- Analyze the pattern of growth in the post-industrial era
- Analyze the role of government in economic growth
- Evaluate the impact of technology on economic growth
- Analyze growth and income distribution
- Evaluate the impact of globalization on the growth of developed and developing economies
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