Syllabus/achievement requirements

1. Textbook:

Barro, R.J. and X. Sala-i-Martin: Economic Growth, 2nd edition, 2004. Cambridge, MA:MIT-Press. ISBN:?0-262-02553-1 . Selected chapters that cover “the modern approach” to economic growth.

In addition there are articles/papers that are relevant for special parts of the lectures not covered in the textbook. Guidelines for how to use these articles will be provided during the course. Those articles that are available from JSTOR, are marked by *. Those that are not available from JSTOR, will be available either at the Home page of the course or will be available as copy. (Some of the material in the textbook and/or in the articles below will be presented in Lecture Notes – available to the students.)

L. Johansen: "A classical model of economic growth" in C.H. Feinstein (ed.): Socialism, capitalism and economic growth, 1967. Cambridge University Press, Cambridge, UK.

R. F. Harrod: "An essay in dynamic theory" in Economic Journal, 1939. Vol 49, March, pp. 14 – 33*.

E. Domar: "Capital expansion, rate of growth and employment" in Econometrica, 1946. Vol. 14 (2), April, 137 – 147*.

L. Johansen: "Substitution versus fixed coefficients in the theory of economic growth: A synthesis" in Econometrica, 1959. Vol. 27 (2), April, pp. 157 – 176*.

E. Bi?rn and P. Frenger: "Expectations, Substitution, and Scrapping in a Putty-Clay Model" in Journal of Economics, 1992. Vol. 56 (2), pp. 157 – 184*.

L. Johansen: A Multi-Sectoral Study of Economic Growth, 1960. North-Holland. chapt. 1.

J. Vislie: "Division of Labour – Simon Revisited" in Regional Science and Urban Economics, 1979. Vol. 9 (1), February, pp. 61 – 70*.

F. R. F?rsund and L. Hjalmarsson: Dynamic Analysis of Structural Change and Productivity Measurement, 2008. unpublished manuscript.

N. Stern: "The Determinants of Growth" in Economic Journal, 1991. Vol. 101, January, pp. 122 -133*.

Mankiw, N.G.: "The Growth of nations" in Brookings Papers on Economic Activity, 1995. Vol. 1, pp. 275 – 326*.

Published Oct. 23, 2008 6:09 PM - Last modified Oct. 30, 2008 4:41 PM