This course presents a thorough introduction to economic growth theory. It deals with both exogenous and endogenous growth models, as well as with issues related to the empirics of economic development and income convergence worldwide.

After taking the course, students understand the most important modelling frameworks in economic growth theory and are able to assess critically the modern academic theoretical and empirical literature dealing with long-run economic development.

Attendance is compulsory.

Lectures, theoretical and empirical exercises.

Two exams (40% of the final grade each), exercises (20% of the final grade)

The workload for Master Economics students is equivalent to 4 ECTS for this course.
The workload for Master VW students is equivalent to 6 ECTS for this course. Therefore students of the Master VW program get assigned an additional research paper on which they have to write a reefree report to  earn the additional 2 ECTS points.