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To what extent does the endogenous growth models developed from the late 1980s onwards represent a superior way of analysing economic growth to neo-classical growth models?

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To what extent does the endogenous growth models developed from the late 1980s onwards represent a superior way of analysing economic growth to neo-classical growth models?

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The assessment criteria for the coursework assignment as follows (all given equal weight)

• Ability to analyse identify the strengths and weaknesses of endogenous growth models (please note that in order to assess these it is necessary to have a clear idea of what endogenous growth theorists were trying to do. It is only possible to assess the strengths and weaknesses of a development in economic research by considering its objectives).

• Ability to relate these strengths and weaknesses to the problems faced by previous growth economics and to assess the extent to which endogenous growth theorists were able to solve these problems

• Structure and coherence of the assignment (including choice of relevant source material)

How many words is your brief?

1500 words in total

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