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Introduction to Modern Economic Growth
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First and foremost, this is a book about economic growth and long-run
economic development. The process of economic growth and the sources
of differences in economic performance across nations are some of the most
interesting, important and challenging areas in modern social science. The
primary purpose of this book is to introduce graduate students to these
major questions and to the theoretical tools necessary for studying them.
The book therefore strives to provide students with a strong background
in dynamic economic analysis, since only such a background will enable a
serious study of economic growth and economic development. It also tries
to provide a clear discussion of the broad empirical patterns and historical
processes underlying the current state of the world economy. This is motivated
by my belief that to understand why some countries grow and some
fail to do so, economists have to move beyond the mechanics of models and
pose questions about the fundamental causes of economic growth.
(2) In a somewhat different capacity, this book is also a graduate-level introduction
to modern macroeconomics and dynamic economic analysis. It is
sometimes commented that, unlike basic microeconomic theory, there is no
core of current macroeconomic theory that is shared by all economists. This
is not entirely true
Daron Acemoglu - Personal Name
1st Edition
NONE
Introduction to Modern Economic Growth
Economics
English
1-739
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