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| Semester | spring semester 2018 |
| Course frequency | Every spring sem. |
| Lecturers | Anton Bondarev (anton.bondarev@unibas.ch, Assessor) |
| Content | Content: The course starts with neo-classical growth models with environmental and resource modules and continue through endogenous growth theory with environment of 1990-s up to recent research in this area. Every lecture is concentrated on one seminal paper which influenced the later developments with the idea to trace the chronological evolution of thought. The exposition concentrates on the role of technical change as the main driver of growth and partial remedy from the climate change. Methodologically the course is based on dynamic optimization and optimal control techniques, which are widely used in recent growth theory research. Every model is qualitatively discussed, with stability properties of the equilibrium and comparison of socially optimal and market outcomes. This course is theory-oriented one, but some empirical tests of the theory are also discussed. The main distinguishing feature is a broad perspective of the field of environmental endogenous growth and as such the precise mathematical solutions of models being discussed are not required, rather the basic understanding of underlying mechanics and principles of the subject. Namely, what form the interaction between environment, economy and technology may take in different theories, what are key igredients of such models, how the predictions differ across approaches. |
| Learning objectives | Learning goals: This course provides an overview of the interaction between technical change and environment on the macroeconomic level and their influence on the economic growth and social welfare. The main goal is to discuss different methods of describing these interactions and to provide students an opportunity to orient themselves in the current literature on the subject. Taking this course would provide students an opportunity to start their own research in this field. |
| Weblink | Weblink to ADAM |
| Admission requirements | Completed Bachelor in Business and Economics; Basic understanding of dynamical systems and optimization. |
| Course application | Registration: Please enrol in MOnA. Enrolment = Registration for the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Course auditors welcome |
| Interval | Weekday | Time | Room |
|---|
No dates available. Please contact the lecturer.
| Modules |
Modul Kernbereich Wirtschaftswissenschaften für Fortgeschrittene (Master's Studies: Sustainable Development (Start of studies before 01.08.2017)) Modul Wahlbereich Energie und Klimawandel (Master's Studies: Sustainable Development (Start of studies before 01.08.2017)) Module: Core Competences in Economics (Master's Studies: Sustainable Development) Module: Electives (Master Business and Economics) |
| Assessment format | end-of-semester examination |
| Assessment details | written exam: 30.5.18; 14:30-16:00; WWZ S14: A-Z. |
| Assessment registration/deregistration | Registration: course registration |
| Repeat examination | no repeat examination |
| Scale | 1-6 0,1 |
| Repeated registration | as often as necessary |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |