Pick a country of interest to you. (such as US, UK, Japan, China, etc..)
Focusing on a particular “era” in this country’s history, what was it’s growth path and which of our models (if any) best explain growth patterns in this country.
(most of the growth models are included in our lecture slides)
Please focus on this questions:
• What are the basic facts you wish to explain?
– Is there disagreement about these facts?
– Why are these facts interesting in the context of economic growth theory (or other economic theory)?
• What are the main alternative economic explanations of these facts?
• What is your hypothesis about the appropriate explanation?
– How will you know if your hypothesis is correct?
• What is the evidence relevant to the issue?
– Why does the evidence (primary or secondary) support your view as opposed to the alternative view(s)?
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