Introduction to Modern Economic Growth is a groundbreaking text from
one of today's leading economists. Daron Acemoglu gives graduate
students not only the tools to analyze growth and related macroeconomic
problems, but also the broad perspective needed to apply those tools to
the big-picture questions of growth and divergence. And he introduces
the economic and mathematical foundations of modern growth theory and
macroeconomics in a rigorous but easy to follow manner.
After covering the necessary background on dynamic general equilibrium
and dynamic optimization, the book presents the basic workhorse models
of growth and takes students to the frontier areas of growth theory,
including models of human capital, endogenous technological change,
technology transfer, international trade, economic development, and
political economy. The book integrates these theories with data and
shows how theoretical approaches can lead to better perspectives on the
fundamental causes of economic growth and the wealth of nations.
Innovative and authoritative, this book is likely to shape how economic
growth is taught and learned for years to come.
- Introduces all the foundations for understanding economic growth and
dynamic macroeconomic analysis
- Focuses on the big-picture questions of economic growth
- Provides mathematical foundations
- Presents dynamic general equilibrium
- Covers models such as basic Solow, neoclassical growth, and
overlapping generations, as well as models of endogenous technology
and international linkages
- Addresses frontier research areas such as international linkages,
international trade, political economy, and economic development and
structural change
- An accompanying Student Solutions Manual containing the answers to
selected exercises is available (978-0-691-14163-3/$24.95). See:
https: //press.princeton.edu/titles/8970.html.
- For Professors only: To access a complete solutions manual online,
email us at: acemoglusolutions@press.princeton.edu
