In this course, three basic growth models will be presented:
- Harrod-Domar Model (Harrod, 1939, 1948. Domar, 1946,1947),
- Solow Model (Solow, 1956),
- Ramsey Model (Ramsey, 1928).
Economic policies to focus on:
- The public spendings. In particular, with Ramsey Model, we show that the impacts of public spendings change with the date of the announcement of the policy.
- Debt and its reimbursement
- Covid shock