Introduction to Economic Growth FROM THE PUBLISHER
One of the hottest fields in contemporary macroeconomics, economic growth is both fascinating to theorists and critically important to policy makers. In Introduction to Economic Growth—the only text in the field designed specifically for advanced undergraduates—Charles I. Jones explains in clear, direct language how economists have come to understand the long-run growth of economies. Beginning with empirical evidence—how rich are the rich countries, how poor are the poor, and how fast do the rich and poor countries grow? —Professor Jones then presents the major theories of economic growth, from the Nobel Prize-winning work of Robert Solow to the new growth theory that has ignited the field in recent years.
Author Biography: Charles I. Jones is associate professor of economics at the University of California at Berkeley and a leading scholar in the field of economic growth. He received his A.B. from Harvard University and his Ph.D. from the Massachusetts Institute of Technology.
SYNOPSIS
Providing an introduction to economic growth, this textbook begins by outlining the empirical evidence, and then describes the major theories of growth. The Solow model, neoclassical models, the Romer model, and alternative theories of endogenous growth are explicated. The impact of technology, social infrastructure, and natural resources are also discussed. Jones teaches economics at the University of California at Berkeley. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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