Chapter 18

Economic Growth

This chapter traces economists' thinking about the "Causes of the Wealth of Nations," that is, economic growth, from Adam Smith to the 1990's.

Begin the chapter

Overheads

Test your understanding -- Multiple-choice questions.

You Need To Know

Contents

  1. Introduction
  2. Definition
  3. Rate of Growth
  4. Smith's Theory
  5. Malthus
  6. Capital
  7. Roundabout Production
  8. Harrod-Domar
  9. Neoclassical Growth Theory
  10. Endogenous Innovation
  11. Economies of Scale
  12. Learning by Doing
  13. A Synthesis
  14. Chapter Summary

Next Chapter: Macroeconomic Problems

To the list of chapters

Copyright Copyright