Macroeconomics: Growth

Where ECON 204 dealt with short-run fluctuations, this course zooms out to ask why some economies grow rich over decades while others stagnate, building the answer from explicit micro foundations rather than aggregate intuition. You'll work through the Solow-Swan benchmark, then graduate to overlapping generations and Ramsey-Cass-Koopmans setups where a representative agent actually solves an intertemporal optimization problem, eventually reaching endogenous growth models that treat technology itself as a choice variable. Expect homework, a written midterm, and a written final that lean on dynamic programming and steady-state algebra — the same toolkit you'll need before any serious DSGE, monetary, or development elective makes sense.