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Growth and Distribution

by Duncan K. Foley, Thomas R. Michl

ISBN-10: 9780674364202
ISBN-10: 0-674-36420-1
ISBN-13: 9780674364202
ISBN-13: 978-0-674-36420-2
Hardcover
1999-09-25
Harvard University Press


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Editorials


Product Description

Growth and Distribution is the first text designed to support a comprehensive advanced undergraduate or graduate course on the theory, measurement, and history of economic growth. The book, which presents Classical and Keynesian in parallel with Neoclassical approaches to growth theory, introduces students to advanced tools of intertemporal economic analysis through carefully developed treatments of land- and resource-limited growth, and covers money and growth, the impact of government debt and social security systems on growth, and theories of endogenous growth and endogenous technical change. The models emphasize rigorous reasoning from basic economic principles and insights without excessive formal complication, and respond to students' interest in the history and policy dilemmas of real-world economies. Surveys of data and discussion of empirical controversies are closely integrated with the development of theoretical tools. The book includes access to a comprehensive data set extending the Penn World Tables in a form suitable for exploration in hands-on student projects.

In addition to carefully worked examples showing how to use the analytical techniques presented, the book contains many problems suitable for inclusion in problem sets and examinations. Detailed answers to these problems are also provided.


Reviews


Fantastic!
At first it seemed like another textbook on economic growth with the good old end-of-chapter questions. After a closer look I realized this is a really sophisticated piece of economic literature. I believe the main difference from other books in the field lies in the blend of rigorous mathematical analysis and necessary - but always forgotten - historical perspective. A must read!

History and economics: good combination !
I found that the book was really interesting to my studies as an "economist". In fact, it is a precise description of the effects of history and politics in economics. With regards to the use a student may give to the book, I found really good the examples given by the author. In addition, the excercises proposed with their solutions are really helpful when it's time to study !


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