Introduction to Modern Economic GrowthIntroduction 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, but also the broad perspective needed to apply those tools to the bigpicture questions of growth and divergence. And he introduces the economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous but easy to follow manner. After covering the necessary background on dynamic general equilibrium and dynamic optimization, the book presents the basic workhorse models of growth and takes students to the frontier areas of growth theory, including models of human capital, endogenous technological change, technology transfer, international trade, economic development, and political economy. The book integrates these theories with data and shows how theoretical approaches can lead to better perspectives on the fundamental causes of economic growth and the wealth of nations. Innovative and authoritative, this book is likely to shape how economic growth is taught and learned for years to come.

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Contents
Toward Neoclassical Growth  145 
Neoclassical Growth  285 
Endogenous Technological Change  409 
Stochastic Growth  535 
Technology Diffusion Trade and Interdependences  609 
Economic Development and Economic Growth  693 
The Political Economy of Growth  777 
Mathematical Appendixes  875 
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