Introduction to Modern Economic Growth
Product ID: 7333943
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From Nobel Prizeโwinning economist Daron Acemoglu, an incisive introduction to economic growth 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: [email protected] Review: Economic growth and development - Book was as advertised and speedy delivery! Review: The best book on Modern Growth you'll find - This book is simply the best book available on Growth nowadays. In my Macroeconomics class we use both Acemoglu and Sargent's book Recursive Macroeconomic Theory. Sargent's is much simpler in exposition, skipping some important mathematical proofs and not going as deep as Acemoglu does in most of the fundamental techniques. Every time I need to understand the mathematics of Dynamic Programming (be it in discrete time, continuous time, finite of infinite horison, deterministic or stochastic), Acemoglu's is the book I look at.
| Best Sellers Rank | #590,996 in Books ( See Top 100 in Books ) #69 in Comparative Economics (Books) #79 in Macroeconomics (Books) #127 in Economic Theory (Books) |
| Customer Reviews | 4.6 out of 5 stars 98 Reviews |
D**M
Economic growth and development
Book was as advertised and speedy delivery!
R**O
The best book on Modern Growth you'll find
This book is simply the best book available on Growth nowadays. In my Macroeconomics class we use both Acemoglu and Sargent's book Recursive Macroeconomic Theory. Sargent's is much simpler in exposition, skipping some important mathematical proofs and not going as deep as Acemoglu does in most of the fundamental techniques. Every time I need to understand the mathematics of Dynamic Programming (be it in discrete time, continuous time, finite of infinite horison, deterministic or stochastic), Acemoglu's is the book I look at.
N**O
The standard book to study economic growth
I love this book, it contains all modern economic growth models, but it also has the basic ones that gave birth to this new branch of models. A former student of D.Acemoglu taught me a Macro course based on this book and it was amazing. I also recommend it for self study because explanations are very clear. Math requeriments are standard, but it also has some appendixes where he explains all math needed to understand advanced economics.
A**R
Good book but not on Kindle
The book is great and clear. The major problem is almost all of the numbered equations are two small to be readable. The only way to read the equation is to cut and paste then enlarge.
R**I
Great!!
This book, by one of the most respected contributors to macro, is a one stop shop for economic growth. It is a great book for understanding the fundamentals of macro theory as well as the progression of the theoretical and empirical work in every sub field of growth. It is a must for all graduate students, and I am sure it will be great addition to any researchers collection.
F**O
A fantastic book
This is a fantastic book for both research and teaching. It is easy to read, well written and cover the essential of modern macroeconomics.
A**V
best
Probably the best introduction (if the the book can be called introduction given the level of the technicality!) into growth. Still unmatched.
J**E
A bit wordy
The textbook is a bit wordy
M**L
Excelente texto, pero...
Echo de menos ejercicios resueltos--o al menos con las respuestas-- a lo largo del texto. Estos son un importante complemento de las exposiciones teรณricas.
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R**S
GOOD
Good item....
N**S
.
A must have for Economists. Even if they are not interested in economic growth, the books offer readers a very good introduction to mathematical techniques needed for research in economic theory
L**S
Excelent
Excelent
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