731330 Growth, development, trade and environment

Semester hours
Lecturer (assistant)
Wehrle, Sebastian
Offered in
Sommersemester 2022
Languages of instruction


The lecture is tied to the book "Growth and Distribution" (Foley und Michl, 1999).The focus of the lecture is to understand the theories linking production, labor market, consumption/saving and resources with growth.

The following chapters will be covered:

Measuring growth and distribution
Model of production
The labor market
Model of Consumption and Saving
Classical Models of Economic Growth
The Neoclassical Growth Model
Investment Constrained Economic Growth
Land Limited Growth
Exhaustible Resources

Previous knowledge expected

Basic analysis and microeconomics.

Objective (expected results of study and acquired competences)

Upon successful completion of this module, students are able to understand the most important interrelations between economic growth, economic development, labor market and investments. They are able to understand why distributional inequalities exist, what are the main determinates of economic growth and how these can be influenced by policy.
You can find more details like the schedule or information about exams on the course-page in BOKUonline.