Economic Growth Theory : Capital, Knowledge, and Economic Stuctures
Book Details
Format
Hardback or Cased Book
ISBN-10
0815388683
ISBN-13
9780815388685
Publisher
Taylor & Francis Inc
Imprint
Routledge
Country of Manufacture
US
Country of Publication
GB
Publication Date
Dec 21st, 2017
Print length
482 Pages
Weight
1,050 grams
Product Classification:
Macroeconomics
Ksh 27,900.00
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This book develops a new theoretical framework to examine the issues of economic growth and development
This book develops a new theoretical framework to examine the issues of economic growth and development. Providing analysis of economic dynamics in a competitive economy under government intervention in infrastructure and income distribution, the book develops a unique analytical framework under the influence of traditional neoclassical growth theory. However, in a departure from neoclassical growth theory it examines both the Solow-Swan and the Ramsey growth models, introducing a utility function which treats consumer choices in ways critically different to previous approaches. Using practical examples and models the book demonstrates how this new direction can effectively analyze the key issues of economic growth, in a compact and comprehensive manner.
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