Chapter 1

Economic Growth: Solow Model

The basic Solow-Swan model

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Capital accumulation and steady-state equilibrium

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Golden rule level of capital

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Population growth and technological progress

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Convergence: absolute and conditional

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Chapter 2

Endogenous Growth Theory

Limitations of the Solow model

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AK model and constant returns to capital

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Human capital and economic growth

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Research and development (R&D) models

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Schumpeterian growth and creative destruction

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Chapter 3

Consumption and Investment

Keynesian consumption function

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Life-cycle and permanent income hypotheses

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Random walk hypothesis of consumption

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Neoclassical theory of investment

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Tobin's q and accelerator models

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Chapter 4

Money and Banking Growth

Money supply processes and the money multiplier

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Baumol-Tobin model of money demand

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Financial intermediation and macroeconomic stability

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Bank runs and the Diamond-Dybvig model

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Role of the central bank in financial crises

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Chapter 5

Fiscal and Monetary Policy Frameworks

Government budget constraints and debt dynamics

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Optimal taxation and tax smoothing

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Taylor rules and monetary policy frameworks

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Quantitative easing and unconventional monetary policy

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Macroprudential policies

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