Exercises in Economic Growth

Spring 2015, Thursdays 8-10, CSS 2-1-12

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 (now, i.e. 3/2-2015, also with the correct front page saying that it is the fourth edition).

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.
 		  
Typos in I.5.
7 Technology, CRS or? Sustained productivity growth without technical progress? Solve I. 7, I.9, and if time allows, I.12 and I.13.    
8 Growth accounting vs. sources of growth. Technology differences across countries. III.1, III.2, III.6.    
9 Technology differences across countries, cont'd. Explicit solution for the time path in the Solow model. The end of the Malthusian epoch. Solve III.7, II.2, and, if time allows, III.3. For II.2 and III.3 there is inspiration in LN 6.3 and LN 7, respectively.  
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.2f)
12 Applying the Ramsey model.
 		 Finish IV.2, solve IV.5, IV.10, IV.8.    
13 Human capital and R&D. Using MATLAB to the Ramsey model.
 		 8.15-9.00:  IV.6, V.1a)-c, V.3.
9.15-10.00: workshop - solve midterm paper problem. 		Bring your laptop. Download MATLAB from the Software Library at KUnet (intranet.ku.dk). By a mistake Niklas started at VI.1 rather than V.1. Came to VI.1d). The plan is to finish VI.1 in Week 15 and continue with V.7 etc.
Exercise V.1 when opportunity arises.
14 Easter holiday.
15 Human capital and R&D. 8.15-9.00: workshop - solve midterm paper problem.
9.15-10.00: V.7 and if time V.8.		 Bring your laptop. Came to V.7.b.
16 Human capital. Social capital. The institutions hypothesis. Learning by investing. VI.9, VI.10, VI.1, and begin on VI.2.    
17 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 16.  
18 A public productive service. Fully endogenous growth vs. semi-endogenous growth. VI.4 and browse VI.5.     
19 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 15.)   Errata
20 No class, but lecture Monday as usual.      
21 Natural resources and growth. Catching up. Finish VII.7. Solve Problem VIII.1, which relates to LN 16. If time allows, take a look at VIII.2.    
         
4/6 3-hours closed book exam.      
         

Link to lectures
Link to front page