Macroeconomics I

• Stylized facts
• The Solow Model
• Growth accounting and quantitative implications of the Solow model
• Endogenous Growth Models
• What do the data say? Causes of differences in economic performance

The course aims to develop the analytical tools needed to analyze long-run macroeconomic policy issues. It combines theoretical models of economic growth with empirical evidence, with particular emphasis on the role of public policy. The course begins with a brief overview of the key stylized facts of economic growth. It then examines exogenous and endogenous growth models, together with their quantitative implications. The final part of the course discusses both the proximate and fundamental determinants of economic development.

In presenza

The course will discuss both economic theory models and the related empirical evidence in an interconnected way. At the end of the course, students will be able to understand and discuss macroeconomic issues and related policy implications.

Written