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4
Modules
29
Topics
1.5-3
hours
Modules (4) Resources ()
learn the fundamentals of economic growth in this free online course
- Module 1
GDP
Resources availableIn this module, learn how to calculate gross domestic product.Then, learn about GDP per capita and how this formula can give insight into the habits and abilities of the population. Lastly, learn two approaches for analysing gross domestic product, the national spending approach, or the factor income approach.GDP: Learning Outcomes
Start TopicWhat is Gross Domestic Product (GDP)?
Start TopicNominal vs. Real GDP
Start TopicReal GDP Per Capita and the Standard of Living
Start TopicSplitting GDP
Start TopicGDP: Lesson Summary
Start Topic - Module 2
The Wealth of Nations and Economic Growth
Resources availableIn this module, learn about real GDP per capita. Once you understand real GDP per capita, you can begin to understand the wealth of nations and the disparities between them. Learn about innovationism, coastlines, the economic puzzle, and how these factors relate to economic growth.The Wealth of Nations and Economic Growth: Learning Outcomes
Start TopicBasic Facts of Wealth
Start TopicGrowth Rates are Crucial
Start TopicOffice Hours: Rule of 70
Start TopicInnovationism
Start TopicGrowth Miracles and Growth Disasters
Start TopicThe Importance of Institutions
Start TopicGeography and Economic Growth
Start TopicThe Puzzle of Growth
Start TopicThe Wealth of Nations and Economic Growth: Lesson Summary
Start Topic - Module 3
Growth, Capital, Accumulation, and the Economics of Ideas
Resources availableIn this module, learn about the Solow Model, which states that economic growth is a result of physical capital, human capital, and ideas. Learn the difference between cutting-edge growth and catching-up growth, which type of growth comes as a result of ideas, and which grows at a faster rate. Finally, learn about incentivization of ideas through patents, prizes, and subsidies.Growth, Capital, Accumulation, and the Economics of Ideas: Learning Outcomes
Start TopicIntroduction to the Solow Model
Start TopicPhysical Capital and Diminishing Returns
Start TopicThe Solow Model and the Steady State
Start TopicOffice Hours: The Solow Model
Start TopicHuman Capital and Conditional Convergence
Start TopicThe Solow Model and Ideas
Start TopicOffice Hours: The Solow Model - Investments vs. Ideas
Start TopicThe Economics of Ideas
Start TopicPatents, Prizes, and Subsidies
Start TopicThe Idea Equation
Start TopicGrowth, Capital, Accumulation, and the Economics of Ideas: Lesson Summary
Start Topic course assessment: Introduction to Economics
- Module 4
Course assessment
Resources available