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On September 18th, Balázs Szepesi, head of MCC’s School of Economics, moderated a unique and exciting discussion with the Nobel Prize winning economist Paul Romer.
Amongst Professor Romer’s many great contributions to the field of economics, he is best known for his work on endogenous growth theory where he demonstrated that ideas - particularly scientific knowledge - are a key driver of long-term economic growth.
Students with MCC’s School of Economics had the chance to speak with Professor Romer informally and ask him questions about his work and career. Topics related to economic development, technological advancement, and innovation were the main focus of the discussion.
Professor Romer shared his views with the students on the role of government in fostering economic growth and innovation and the importance of education in preparing students for the ever-changing demands of the global economy. He also gave an insight into his own research work and professional problem-solving methods.
Overall, the meeting with Professor Romer provided students with an invaluable opportunity to learn from one of the leading authorities in the field and gain knowledge of the most recent research and ideas on economic growth and innovation.