3.2 Readings

The main source of our discussion is from the following sections in the course textbooks and supplementary materials.

• What are the patterns of economic growth in various countries?
  • The Economy 1.1, 1.2, 1.3, 1.4, and 19.1
• How is growth rate calculated? What is compound growth?
  • Shapiro et al. 7.2
• What is productivity? What factors determine productivity?
  • Shapiro et al. 7.2
• What are the components of economic growth?
  • Shapiro et al. 7.3 and 7.4 (material covered in the lecture slides)