ECON 9150 - General Equilibrium and Economic Growth

3 Credits (3 Contact Hours)

Risk sharing and efficient allocations are presented. Basic aggregation theory is covered producing the representative agent model. The neoclassical growth model with and without technological progress is presented, followed by the endogenous growth model. The modifications to this model produce multiple development regimes, convergence, biconvergence and switching phenomena. Preq: ECON 8050.