ECON 3107EL

This course examines long-run economic growth, income distribution, and living standards of societies. Topics may include historical facts about growth within and across nations using elementary theories of growth, the role of institutions, technological progress, population growth, and natural resources, long-run theories of inflation, unemployment, and exchange rates, government debt, and the political economy of income inequality. Student cannot retain credit for ECON 3107 and either ECON 2017 or ECON 2015. PREREQ: ECON 1007. (lec 3) cr 3.