The course is focused on the expanation of the theories of economic growth and development and their application on the real data of the countries. First, the neo-classical Solow model with its practical application is described, followed by models of a new theory of growth concentrating on human capital and endogenous
technological progress. In addition to the traditional proximite factors of economic growth, the course deals with the fundamental factors of economic growth, including path dependence, institutions, culture and geographic factors.
technological progress. In addition to the traditional proximite factors of economic growth, the course deals with the fundamental factors of economic growth, including path dependence, institutions, culture and geographic factors.