The essay has two parts In the first part, you should explain theories of economic growth: Economics Assignment, UOL, Ireland
| University | University of Limerick (UOL) |
| Subject | Economics |
For this assignment, the essay has two parts. In the first part, you should explain theories of economic growth. More specifically, you should explain the Solow-Swan model of growth and an alternative model that is based on endogenous growth theory. Discuss the differences between these models and provide some historical context for them.
In the second part of your essay, you should discuss recent critiques of economic growth. A starting point for this part of your essay is the New Yorker article, “Can we have prosperity without growth?”.
Provide an overview of these critiques and give your own response to the debate. You should support your discussion with academic sources primarily. That is, with an emphasis on journals or books rather than magazines and newspapers. Remember that the New Yorker article is just a starting point that introduces you to these critiques. You should seek out some of the literature that is referred to in that article.
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