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Prereqs:
Courses Majors

ECON 202A

Bruinwalk
Main Course

Macroeconomics: Dynamics and Growth Theory

4 units
Taken?

Description

Lecture, three hours. Essential techniques and concepts from dynamical mathematics and neoclassical growth theory. Linear and nonlinear dynamical systems. Dynamic programming and control theory. Stochastic dynamics. Determinacy of equilibrium. Descriptive, optimal, and overlapping generations models of accumulation. Stochastic growth theory. Increasing returns and applications to economic development. S/U or letter grading.

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