Aimed at students of economics and business, this book introduces to the principles of economic growth. It examines theoretical and empirical models of economic growth through examples and case studies drawn from around the world and through a trenchant analysis of classic thought in this area.
This is a concise and reader-friendly introduction to the principles of economic growth for students of economics and business. Gylfason examines theoretical and empirical models of economic growth through case studies drawn from around the world and a trenchant analysis of classic thought in this area. The influence of public policy on economic efficiency and growth is a key theme which underpins this textbook's engagement with issues such as liberalization, stabilization, privatization, and unemployment, as well as technology, education, natural resources and geography. This book will be an ideal introduction to the topic for students of economics and business studying courses in macroeconomic principles, open economy macroeconomics, business and managerial economics, and international business . Chapter summaries and review questions are helpful learning aids, and all technical information is confined to appendices, making the book particularly student-friendly. A 'cast of characters' section gives brief accounts of the influence of key historical figures. These sections, combined with numerous figures and tables, help to make Principles of Economic Growth an exceptionally well-presented and lively guide to one of the most exciting areas of recent economic analysis.