Problem Based Learning tasks in Economic Growth
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The following are the four PBL tasks that groups are required to engage with throughout the semester:
- Task 1. Aims:
- Understand the convergence hypothesis theory and the importance of diminishing returns in underpinning such a concept
- Manipulate statistics to test theories
- Understand the concept of residual and show theoretical models can be tested with available statistics
- Work in a group to solve tasks
- Task 2. Aims:
- Understand the key ideas underpinning endogenous growth theory
- Evaluate the debate concerning the growth or level effect of savings
- Appreciate the role of complementary policies in influencing economic growth
- Understand the concept of creative destruction
- Assess the role of technology in determining economic growth
- Task 3. Aims:
- Acquire an understanding of the theory concerning the relationships between income distribution and growth, inflation and growth and financial development and growth
- Use empirical evidence to test theories and inform evidence-based policies
- Appreciate the tension developing from the implementation of alternative policies
- Set up and test a growth regression
- Task 4. Aims:
- Engage with recent literature in growth theory and research
- Familiarise yourself with new developments in the approach to growth analysis and policy
- Use recent theoretical developments to carry out some growth analysis
- Carry out independent work and research
- Work with others
Our gratitude to Dr. Volpe for sharing these materials. If you would like to share some of your own materials with the community, contact us at econ-network@bristol.ac.uk .
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