Exercises in Economic Growth

Spring 2014, Thursdays 8-10, CSS 7.0.22

The exercises are an integral part of the course. You are supposed to try solving the problems before meeting in class. Instructor is Niklas Brønager
The collection of exercise problems is here.

Week Topic Solve                                    Comments
        before        after
6 Conceptual issues. Catching-up. Solow in continuous time. Technology, CRS or? Problem I.1, I.3, I.5, and if time allows, I.4.
 		 In addition to preparing the problems, reading LN Ch. 1-3 as a refresher is recommended.  Came to I.4b).
 
7 Technology, CRS or? Sustained productivity growth without technical progress? Finish I.4. Solve I. 7, I.9, and if time allows, I.12 and I.13.   Errata to Exercise I.9.
8 Growth accounting vs. sources of growth. Technology differences across countries. III.1, III.2, III.6.   Errata to Exercise III.1.
9 Technology differences across countries, cont'd.
Speed of convergence. The end of the Malthusian epoch. 		Solve III.7, II.2, and, if time allows, III.3. For III.3 there may be inspiration in LN 7. Came to III.3e).
10 The end of the Malthusian epoch (cont'd). Knowledge as a production factor. International factor movements. Solve III.4 and III.5.    
11 Brush-up on the Ramsey model. IV.1, IV.2.   Came to IV.2d). IV.2d) to be briefly discussed in Week 12, while the remainder of IV.2 is left for self-study.
12 Applying the Ramsey model.
 		 8.15-9.00: Solve IV.5, IV.6, and IV.10.
9.15-10.00: workshop - solve midterm paper problem.		 Bring your laptop. Typo in Problem 3 for the midterm paper.
13 Applying the Ramsey model.
 		 8.15-9.00: workshop - solve midterm paper problem.
9.15-10.00: IV.8, V.1a)-c).		 Bring your laptop.  
14 Human capital and R&D. V.3, V.7, and V.8.
15 Human capital. Social capital. The institutions hypothesis. Learning by investing. VI.9, VI.10, VI.1, and begin on VI.2. Table X to Exercise VI.9 is here. Came to VI.2b)
16 Easter holiday.      
17 May 1 is day off.      
18 Investment-promoting policy. Growth accounting vs. causes of growth.   Continue with VI.2, solve VI.7. VI.7a) can be done fast by applying your result from VI.1b) in Week 15.  
19 A public productive service. Fully endogenous growth vs. semi-endogenous growth. VI.4 and browse VI.5.     
20 The lab equipment model and the first-best solution. Jones' knowledge-spillover model. Solve VII.4 and VII.7. (Concerning VII.6, see exam 2011; VII.7 has some affinity with Problem V.7, solved in Week 14.) Typos in VII.5. Came to VII.7 d)
? Natural resources and growth. Catching up. Finish VII.7. Solve Problem VIII.1, which relates to LN 16. If time allows, tak a look at VIII.2. Typos in VIII.1 f).