Economics of Growth and Technological Change (PEC4123.01)

Mohammad Moeini Feizabadi

This course explores the tendencies and causes of economic growth in capitalism, with a focus on the role of technology. Students will investigate a variety of ways of understanding technology’s relation to economic growth, notable among these being four major paradigms and traditions in economic theory: Neoclassical, Schumpeterian, Endogenous Growth, and Marxian. Examining these theories and various sources of technological change—such as R&D, learning-by-doing, and shifts in human capital—will inform discussions of the political economy of technology within current economic systems, taking a comparative perspective. The profound social, political, and cultural consequences of these dynamics will also be examined.

Prerequisites: Previous work in economics or permission of the instructor.
Credits: 4
T 4:10pm - 6:00pm; F 4:10pm - 6:00pm
Maximum Enrollment: 16
Course Frequency:
This course is categorized as All courses, Four Credit, Updates, 4000, Political Economy, Mohammad Moeini Feizabadi.