Economics of Growth and Cycles

Numbering Code G-ECON31 5A415 LJ43 Year/Term 2021 ・ First semester
Number of Credits 2 Course Type Lecture
Target Year Target Student
Language Japanese Day/Period Wed.3
Instructor name SASAKI HIROAKI (Graduate School of Economics Professor)
Outline and Purpose of the Course The purpose of this lecture is to understand the relationship between economic growth and income distribution. Here, income distribution refers to the distribution between wages and profits that comprise national income. In economic theory, there are several approaches to economic growth and income distribution. In this lecture, various approaches will be explained, from both neoclassical and non-neoclassical economic theories.
Course Goals The objective of this course is to enable students to have their own views on what kind of approach is effective for economic analysis of the modern economy by understanding the characteristics of each economic theory.
Schedule and Contents Lectures will proceed as given below.
1-2 classes will be devoted to each topic.

 1 Introduction
 2 Distribution and Growth in Neoclassical Growth Models Part 1
 3 Distribution and Growth in Neoclassical Growth Models Part 2
 4 Distribution and Growth in Neoclassical Growth Models Part 3
 5 Distribution and Growth in the Classical Growth Model Part 1
 6 Distribution and Growth in the Classical Growth Model Part 2
 7 Distribution and Growth in the Classical Growth Model Part 3
 8 Distribution and Growth in post-Keynesian Growth Model Part 1
 9 Distribution and Growth in post-Keynesian Growth Model Part 2
 10 Distribution and Growth in post-Keynesian Growth Models Part 3
 11 Summary
Evaluation Methods and Policy Evaluation will be based on the final exam.
Course Requirements Students should have understanding of basic microeconomics, basic macroeconomics, and economic mathematics.
Study outside of Class (preparation and review) After the class, review to make sure you have understood the contents.
Textbooks Textbooks/References Not used--lecture notes will be distributed.
References, etc. Introduced during class
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