Economic Growth & Business Cycles [ECON 014]

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Economic Growth and Business Cycles [ECON 014] for Economics (H) Semester V 

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►Game Theory & Strategic Interactions

►Economic Growth & Business Cycles

►Introductory Development Economics

►DSE – Advanced Econometrics

►DSE – Environmental Economics

►DSE – Open Economics Macroeconomics

►DSE – Public Economics

The Economic Growth and Business Cycles [ECON 014] Course for BA (Hons) Economics Semester V, Delhi University has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The Duration of Video Lectures is approximately 55 Hours.

Course Fee : Rs. 7000

Access of Video Lectures is provided on any one of the following devices:

Windows Computer or Laptop, or

Android Phone or Tablet, or

Apple Iphone or Ipad, or

Apple Macbook,

till end of Semester V Exams.

Once You get the access you need to login and download our APP and all the lectures from your login account and play in your device.

You will get :

►Full Course Video Lectures

Complete Study Material (PDF Notes) which includes Concepts, Previous Year Questions, Numerical Questions, MCQ’s and Important Questions

Live Online Doubts Sessions with Expert Faculty (at least twice a week) for resolution of Doubts

Online Discussion Forum to Post Your Queries to Discuss with Faculty & other fellow Students

Mock Tests at the Website for regular assessment and progress tracking

Video Lectures Cover Theory Portions Exhaustively + Complete Solutions of Back Questions of Readings + Solutions of Previous Years Papers + Large Number of Numericals

Comprehensive Coverage of Syllabus and Exam Oriented Preperation

This online coaching platform aims to provide a supportive and engaging learning environment for students to achieve academic success and excel in their Economics Honours program.

Recommended Readings

Jones, Charles I and Vollrath, Dietrich (2013), Introduction to Economic Growth. W.W. Norton & Co.

Carlin, Wendy and Soskice, David (2015 edition), Macroeconomics: Institutions, Instability and the Financial System

Demo Lectures for Economic Growth & Business Cycles

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Demo Quiz

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Exam Pattern

The Question Paper will be of 90 Marks

Suggested Weigtage for each Unit in the final Examination

The question paper will have roughly 50% weightage from unit II and the remaining 50% from units I and III together.

Unit II : 50%

Unit I & Unit III Combined : 50%

The paper will consist of three sections of 30 marks each:

Section A will have 15 MCQ’s/ One-Line Answer questions of 2 marks each, with no choice of any kind.

The question paper will have clear instructions for this section that students must write only the correct answers in this section and NOT explanations.

In Section B, students will be required to do any 6 out of 8 questions for 5 marks each.

►In Section C, students will be required to do any 3 out of 4 questions of 10 marks each.

Continuous Assessment (40 marks) and Internal Assessment (30 marks): As per the University guidelines.

Course Content of our Video Lectures

Lectures are Strictly as per Latest Syllabus for UGCF 2024

Unit I : Introduction to Economic Growth

Chapter 1 : The Facts of Economic Growth

Number Video Lectures : 2

Duration of Video Lectures : 60 Minutes

Based Upon Chapter 1 Charles I. Jones & Vollrath

Topics Covered

Introduction to Economic Growth & Economic Development,

Data on Economic Growth,

Stylized Facts of Economic Growth,

Unit II : Models of Economic Growth

Chapter 2 : The Solow Model

Number Video Lectures : 7

Duration of Video Lectures : 300 Minutes

Based Upon Chapter 2 Charles I. Jones & Vollrath

Topics Covered

Solow Model, Assumptions of Solow Model,

Production Function, Marginal Productivity of Capital,

Capital Accumulation Equation, Break Even Level of Investment,

Steady State Level of Capital, Capital Deepening & Capital Widening,

Effect of Change in Saving Rate on Steady State Level,

Effect of Change in Population Growth Rate on Steady State Level,

Economic Growth,

Solow Model with Technological Advancement, Effect of Change in Investment Rate on Steady State,

Growth Accounting, Hicks Neutral Productivity, Total Factor Productivity Growth,

Golden Rule Level of Capital,

Chapter 3 : Empirical Applications of Neo Classical Growth Models

Number Video Lectures : 3

Duration of Video Lectures : 90 Minutes

Based Upon Chapter 3 Charles I. Jones & Vollrath

Topics Covered

The Solow Model with Human Capital,

Convergence & Difference in Growth Rates,

Evolution of Income Distribution,

Chapter 4 : Economics of Ideas

Number Video Lectures : 2

Duration of Video Lectures : 95 Minutes

Based Upon Chapter 4 Charles I. Jones & Vollrath

Topics Covered

What is Technology,

The Economics of Ideas,

Intellectual Property Rights & Industrial Revolution,

Population & Ideas,

Data on Ideas,

Chapter 5 : Engine of Growth

Number Video Lectures : 8

Duration of Video Lectures : 300 Minutes

Based Upon Chapter 5 Charles I. Jones & Vollrath

Topics Covered

Basic Elements of Romer Model,

Growth in Romer Model,

Growth Effects Versus Level Effects,

Permanent Increase in R&D Share,

The Economics of the Romer Model,

Final Goods Sector, Intermediate Goods Sector, The Research Sector, Solving the Romer Model,

Basic Elements of Schumpeterian Model,

Growth in Schumpeterian Model,

The Economics of Schumpeterian Growth,

Final Goods Sector, Intermediate Goods Sector, The Research Sector, Solving the Schumpeterian Model,

Comparing the Romer & Schumpeterian Models,

Optimal R & D,

Chapter 6 : A Simple Model of Growth & Development

Number Video Lectures : 2

Duration of Video Lectures : 95 Minutes

Based Upon Chapter 6 Charles I. Jones & Vollrath

Topics Covered

The Basic Model,

Steady State Analysis,

Technology Transfer,

Globalisation and Trade,

Understanding Differences in Growth Rates,

Unit III : Business Cycles

Chapter 7 : Real Business Cycles & New Keynesian Models

Number Video Lectures : 2

Duration of Video Lectures : 95 Minutes

Based Upon Chapter 16 Wendy Carlin & David Soskice

Topics Covered

The Real Business Cycle Model,

The New Keynesian Model & Stabilisation Policy,

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Account Details

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Saving Account Number

392010100053871

Axis Bank, Model Town Branch

Delhi – 110009

IFS Code : UTIB0000392

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