Introduction to the role of technological progress in economics by means of the standard frameworks (Solow model, endogenous growth model). Application of these models to answer how automation and digitalization affect economic growth, income inequality, and the distribution of wealth.

In the second part of the course, selected chapter of the book “The Economics of Artificial Intelligence” are discussed to answer questions such as how economic policy can react to the challenges of a digital economy.

• Since personal interaction is important in this course, attendance and active participation are necessary. Thus, attendance is compulsory for at least (80%) of the sessions. More than 20% of sessions missed lead to being unregistered from the course.
• If you will miss a session because of illness or quarantine, please send me an email before the session starts and include a confirmation (medical statement, quarantine statement, etc.). This will then not count as a missed unit.