Introduction to Modern. Economic Growth. Daron Acemoglu. Department of Economics,. Massachusetts Institute of Technology. All Rights Reserved. Library of Congress Cataloging-in-Publication Data. Acemoglu, Daron. Introduction to modern economic growth / Daron Acemoglu. p. cm. Introduction to Modern Economic Growth. Daron Acemoglu. TABLE OF CONTENTS: Preface xv. Part I: Introduction. Chapter 1: Economic Growth and Economic.

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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, Chapter 2 [ PDF]. pdf. [Daron Acemoglu] Introduction to Modern Economic G(Book ZZ org) Pages Introduction to modern economic growth / Daron Acemoglu. p. cm. Introduction to Modern. Economic Growth: Parts Daron Acemoglu. Department of Economics,. Massachusetts Institute of Technology.

Ingram Academic. Inspection copies are only available to verified university faculty. Some restrictions apply. To request an electronic inspection copy for course use consideration, please visit one of the following services to submit your digital examination request online:. USD online orders only, e-mail: For GBP online orders, e-mail: For more detailed ordering information, see: Home Introduction to Modern Economic Growth. Add to Cart. More about this book.

Ancillary Materials. Chapter 2 [PDF]. Chapter 5 [PDF]. Epilogue [PDF]. Chapter 1 [PDF].

This book will be an inseparable and precious companion. The range is enormous, from the simplest model to the political economy of growth, and everything is traced back to fundamentals with great skill and care. Being stranded on a desert island with this book and a large pad of paper would be a pleasure.

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Solow, Nobel Laureate in Economics. This book is required reading for anyone who wants to master the fields of growth and development economics. It offers an ideal access point to the current frontier in growth theory; readers will find a remarkably thorough treatment of all the key models and technical tools of dynamic macroeconomics. At the same time, real-world economic and policy issues always remain in sharp focus, thanks to a constant back-and-forth between theory, the most recent empirical studies, and the lessons of economic history.

It will quickly become a much-thumbed book on the shelf of all those interested in growth, development, and macroeconomics. Benabou, Princeton University.

It provides a unified approach to the study of economic dynamics, including a rigorous yet teachable background in recursive methods and dynamic optimization, and an impressive range of macroeconomic topics.

What is most fascinating is the tour of the state-of-the-art literature on long-run development to which the author has been a leading contributor. For years to come, it will be a cornerstone for advanced teaching and an invaluable resource for researchers.

Growth Accounting 3. Solow Model and Regression Analyses 3. The Solow Model with Human Capital 3. Taking Stock 3. References and Literature 3.

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Exercises 87 87 90 98 Chapter 4. Part 2. Foundations of Neoclassical Growth 5. Preliminaries 5. The Representative Household 5. The Representative Firm 5.

Problem Formulation 5. Welfare Theorems 5. Sequential Trading 5. Optimal Growth in Discrete Time 5. Optimal Growth in Continuous Time 5. Taking Stock 5. References and Literature 5. Exercises Chapter 6. Dynamic Programming and Optimal Growth 6.

Brief Review of Dynamic Programming 6. Dynamic Programming Theorems 6. Fundamentals of Dynamic Programming 6. Optimal Growth in Discrete Time 6.

Competitive Equilibrium Growth 6. Taking Stock 6. References and Literature 6. Exercises Chapter 7. Review of the Theory of Optimal Control 7.

Variational Arguments 7. More on Transversality Conditions 7. The q-Theory of Investment 7. References and Literature 7.

Exercises Part 3. The Neoclassical Growth Model 8.

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Preferences, Technology and Demographics 8. Characterization of Equilibrium 8. Optimal Growth 8. Steady-State Equilibrium 8. Transitional Dynamics 8.

Technological Change and the Canonical Neoclassical Model 8.

Comparative Dynamics 8. The Role of Policy 8. A Quantitative Evaluation 8. Extensions 8. Taking Stock 8. References and Literature 8. Exercises Chapter 9.

Growth with Overlapping Generations 9. The Baseline Overlapping Generations Model 9. The Canonical Overlapping Generations Model 9.

Role of Social Security in Capital Accumulation 9. Overlapping Generations with Impure Altruism 9. Overlapping Generations with Perpetual Youth 9. Overlapping Generations in Continuous Time 9.

Taking Stock 9. References and Literature 9. Exercises Chapter Human Capital and Economic Growth A Simple Separation Theorem Schooling Investments and Returns to Education The Ben-Porath Model Neoclassical Growth with Physical and Human Capital Human Capital Externalities Nelson-Phelps Model of Human Capital Taking Stock References and Literature First-Generation Models of Endogenous Growth What is most fascinating is the tour of the state-of-the-art literature on long-run development to which the author has been a leading contributor.

Taking Stock 3. Daron Acemoglu is the Charles P. Peter Howitt has written: Sustained economic growth is everywhere and always a process of continual transformation.

For Professors only: Each chapter begins with an empirical question that is later answered using data in the Evidence-Based Economics feature. Taking Stock 2.