Master 2025/2026

Innovation and Growth

Type: Elective course (Economics and Economic Policy)

Delivered by: Department of Applied Economics

When: 2 year, 1 module

Open to: students of one campus

Instructors: Galina Besstremyannaya

Language: English

Course Syllabus

Abstract

The course studies the use of growth models for applied macroeconomic and microeconomic analysis. A special emphasis of the course is given to growth through innovation and to the use of theoretical and applied methods for conducting research on innovation. In the macroeconomic context, we focus on the theoretical and empirical aspects of endogenous growth models with technological change. The microeconomic approaches studied in the course cover behavioral models of company management along with applied techniques for estimating production, R&D inputs and R&D performance, and quality of innovations. Here we emphasize various techniques of using patent statistics for measuring quality of innovations. The final part of the course outlines stylized facts on innovation and growth in the developed countries, as well as highlights potential approaches and caveats to the analysis of innovations in Russian economy.