| Capital and Growth |
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| UoS Code | ECOS3001 |
| Credit points | 6 |
| Offered | Semester 1 |
| Prerequisites | One of (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901) or (ECOP2011 or ECOP2001) and one of (ECOS2002 or ECON2002) or (ECOS2902 or ECON2902) or (ECOP2012 or ECOP2002) |
| Prohibitions | ECON3001 |
| Lectures | 1 x 2 hr lecture per week and 1 tutorial hour per fortnight |
| Assessment | 2 mid semester exams, Final Exam |
| Description | This unit is an introduction to economic growth including its causes and consequences. The role of capital, technological progress, and other determining factors of the development of economies are studied from the point of view of alternative economic theories. The potential effects of growth and structural change on welfare, income distribution, and employment are looked at in the same contexts with some consideration of the empirical evidence. The role of alternative economic policies and economic institutions in promoting growth is also discussed. |
| This unit of study is available as part of the following major subject areas |
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