ECON 324: Economic Development and Growth: (3-0-3)     Recent advances in theory and empirical analysis of economic development and growth. Explores empirical findings on economic development, theoretical development models, problems of efficient resource allocation in a growing economy, “balanced” and “unbalanced” growth in closed and open economic systems, the role of capital accumulation, and innovation in economic growth. Application of theories and quantitative methods to economic analysis with a view to policy formulation. (Prerequisite ECON 202)