2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale
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Description

Product Description

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, but also the broad perspective needed to apply those tools to the big-picture 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.


  • Introduces all the foundations for understanding economic growth and dynamic macroeconomic analysis

  • Focuses on the big-picture questions of economic growth

  • Provides mathematical foundations

  • Presents dynamic general equilibrium

  • Covers models such as basic Solow, neoclassical growth, and overlapping generations, as well as models of endogenous technology and international linkages

  • Addresses frontier research areas such as international linkages, international trade, political economy, and economic development and structural change

  • An accompanying Student Solutions Manual containing the answers to selected exercises is available (978-0-691-14163-3/$24.95). See: https://press.princeton.edu/titles/8970.html.

  • For Professors only: To access a complete solutions manual online, email us at: acemoglusolutions@press.princeton.edu


Review

"It''s hard not to be impressed by Acemoglu''s mastery of the subject and for a handful of top graduate programs this is clearly the book for the next generation." ---Tyler Cowen, Marginal Revolution

"Beyond coursework, this is a book that should be compulsory reading for any PhD student in macroeconomics, even for those whose thesis does not specifically focus on growth. [S]elected materials from this book, and Part I in particular, could also be included in the reading list of an undergraduate course in advanced macroeconomics. . . . This book will be an inseparable and precious companion . . . for many years to come." ---Fabrizio Carmignani, Economic Record

Review

"Reading Daron Acemoglu''s massive and masterly survey makes me feel like one of the Wright brothers coming face to face with a Boeing 747 for the first time. 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." ―Robert M. Solow, Nobel Laureate in Economics

"Daron Acemoglu''s Introduction to Modern Economic Growth takes the reader on a fascinating journey to discover the foundations of major growth theories, from the neoclassical paradigm to the most recent endogenous growth models. This book is required reading for anyone who wants to master the fields of growth and development economics." ―Philippe Aghion, Harvard University

"This book is impressive in both its breadth and its depth. 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." ―Roland J. M. Benabou, Princeton University

"This is much more than a textbook on growth theory; it is a milestone in macroeconomics. 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." ―Fabrizio Zilibotti, University of Zurich

"An extraordinary achievement by an extraordinary intellect, this book provides a remarkably comprehensive overview of modern growth economics as well as a window into Daron Acemoglu''s fundamentally important perspectives and insights. For years to come, it will be a cornerstone for advanced teaching and an invaluable resource for researchers. It represents economics at its most profound." ―Steven N. Durlauf, University of Wisconsin-Madison

"This book will be a landmark in growth economics. Its scope and depth are remarkable, and the benefits of this new synthesis are clear. Many of the chapters are likely to prompt ideas for further research, and the book will be a major event for researchers and graduate students alike." ―Jonathan Temple, University of Bristol

"This is a pathbreaking, fundamentally important work." ―Charles Jones, University of California, Berkeley

From the Inside Flap

"Reading Daron Acemoglu''s massive and masterly survey makes me feel like one of the Wright brothers coming face to face with a Boeing 747 for the first time. 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."--Robert M. Solow, Nobel Laureate in Economics

"Daron Acemoglu''s Introduction to Modern Economic Growth takes the reader on a fascinating journey to discover the foundations of major growth theories, from the neoclassical paradigm to the most recent endogenous growth models. This book is required reading for anyone who wants to master the fields of growth and development economics."--Philippe Aghion, Harvard University

"This book is impressive in both its breadth and its depth. 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."--Roland J. M. Benabou, Princeton University

"This is much more than a textbook on growth theory; it is a milestone in macroeconomics. 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."--Fabrizio Zilibotti, University of Zurich

"An extraordinary achievement by an extraordinary intellect, this book provides a remarkably comprehensive overview of modern growth economics as well as a window into Daron Acemoglu''s fundamentally important perspectives and insights. For years to come, it will be a cornerstone for advanced teaching and an invaluable resource for researchers. It represents economics at its most profound."--Steven N. Durlauf, University of Wisconsin-Madison

"This book will be a landmark in growth economics. Its scope and depth are remarkable, and the benefits of this new synthesis are clear. Many of the chapters are likely to prompt ideas for further research, and the book will be a major event for researchers and graduate students alike."--Jonathan Temple, University of Bristol

"This is a pathbreaking, fundamentally important work."--Charles Jones, University of California, Berkeley

From the Back Cover

"Reading Daron Acemoglu''s massive and masterly survey makes me feel like one of the Wright brothers coming face to face with a Boeing 747 for the first time. 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."--Robert M. Solow, Nobel Laureate in Economics

"Daron Acemoglu''s Introduction to Modern Economic Growth takes the reader on a fascinating journey to discover the foundations of major growth theories, from the neoclassical paradigm to the most recent endogenous growth models. This book is required reading for anyone who wants to master the fields of growth and development economics."--Philippe Aghion, Harvard University

"This book is impressive in both its breadth and its depth. 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."--Roland J. M. Benabou, Princeton University

"This is much more than a textbook on growth theory; it is a milestone in macroeconomics. 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."--Fabrizio Zilibotti, University of Zurich

"An extraordinary achievement by an extraordinary intellect, this book provides a remarkably comprehensive overview of modern growth economics as well as a window into Daron Acemoglu''s fundamentally important perspectives and insights. For years to come, it will be a cornerstone for advanced teaching and an invaluable resource for researchers. It represents economics at its most profound."--Steven N. Durlauf, University of Wisconsin-Madison

"This book will be a landmark in growth economics. Its scope and depth are remarkable, and the benefits of this new synthesis are clear. Many of the chapters are likely to prompt ideas for further research, and the book will be a major event for researchers and graduate students alike."--Jonathan Temple, University of Bristol

"This is a pathbreaking, fundamentally important work."--Charles Jones, University of California, Berkeley

About the Author

Daron Acemoglu is the Charles P. Kindleberger Professor of Applied Economics at the Massachusetts Institute of Technology.

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Customer reviews

4.5 out of 54.5 out of 5
68 global ratings

Top reviews from the United States

Araquém Silva
1.0 out of 5 starsVerified Purchase
Book is instrument of Miseducation
Reviewed in the United States on April 30, 2019
Thick (repetitive 990 pages) tome making three en passant references to Harrod-Domar (according to index pp. 26, 27, 29). Author considers Solow Model (and its American variants) as if it''s the only game in town, disregarding a more useful (simpler in theory and more... See more
Thick (repetitive 990 pages) tome making three en passant references to Harrod-Domar (according to index pp. 26, 27, 29). Author considers Solow Model (and its American variants) as if it''s the only game in town, disregarding a more useful (simpler in theory and more rewarding in policy prescription) Harrod-Domar Model. Book''s theoretical framework is (as Joan Robinson would say) an instrument of miseducation. Theoretical convulution is provincial. Vacuous in policy implication. Dreadful effort. In this book Acemoglu is an escapist purveyor of myths.
3 people found this helpful
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Aristides Castillo
4.0 out of 5 starsVerified Purchase
Good but not great
Reviewed in the United States on September 17, 2021
Too wordy and rigorous for my taste
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Alexey Tuzikov
5.0 out of 5 starsVerified Purchase
best
Reviewed in the United States on July 19, 2017
Probably the best introduction (if the the book can be called introduction given the level of the technicality!) into growth. Still unmatched.
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Amazon Customer
5.0 out of 5 starsVerified Purchase
Five Stars
Reviewed in the United States on February 7, 2017
very classical book~
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Amazon Customer
4.0 out of 5 starsVerified Purchase
Good book but not on Kindle
Reviewed in the United States on September 6, 2015
The book is great and clear. The major problem is almost all of the numbered equations are two small to be readable. The only way to read the equation is to cut and paste then enlarge.
4 people found this helpful
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Ricardo
5.0 out of 5 starsVerified Purchase
The best book on Modern Growth you''ll find
Reviewed in the United States on June 11, 2013
This book is simply the best book available on Growth nowadays. In my Macroeconomics class we use both Acemoglu and Sargent''s book Recursive Macroeconomic Theory. Sargent''s is much simpler in exposition, skipping some important mathematical proofs and not going as deep as... See more
This book is simply the best book available on Growth nowadays. In my Macroeconomics class we use both Acemoglu and Sargent''s book Recursive Macroeconomic Theory. Sargent''s is much simpler in exposition, skipping some important mathematical proofs and not going as deep as Acemoglu does in most of the fundamental techniques. Every time I need to understand the mathematics of Dynamic Programming (be it in discrete time, continuous time, finite of infinite horison, deterministic or stochastic), Acemoglu''s is the book I look at.
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HDong
5.0 out of 5 starsVerified Purchase
Five Stars
Reviewed in the United States on June 13, 2017
good quality!
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Jaecheol Lee
3.0 out of 5 starsVerified Purchase
A bit wordy
Reviewed in the United States on September 16, 2017
The textbook is a bit wordy
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Top reviews from other countries

curtim
5.0 out of 5 starsVerified Purchase
Buy it!
Reviewed in the United Kingdom on May 29, 2021
Good read according to my brother.
Good read according to my brother.
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Paul
5.0 out of 5 starsVerified Purchase
Excellent!
Reviewed in the United Kingdom on March 28, 2016
Excellent survey, as far as I can tell. (I didn''t know much about growth theory before getting this book.) But a bit of work required - one should be prepared to go through at least some of the maths behind the models.
Excellent survey, as far as I can tell. (I didn''t know much about growth theory before getting this book.) But a bit of work required - one should be prepared to go through at least some of the maths behind the models.
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Alfred Schwenk
5.0 out of 5 starsVerified Purchase
Empfehlenswert
Reviewed in Germany on September 10, 2018
Das Thema des vorliegenden Werkes ist das wirtschaftliche Wachstum das auch in der Entwicklungsökonomie eine hervorragende Bedeutung hat
Das Thema des vorliegenden Werkes ist das wirtschaftliche Wachstum das auch in der Entwicklungsökonomie eine hervorragende Bedeutung hat
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Paulo
5.0 out of 5 starsVerified Purchase
It is everything but an introduction
Reviewed in the United Kingdom on June 18, 2013
The book is really advanced, which was a good surprise for me. The ones who really want a introduction to the topic should look anywhere else, like Barro''s book. Acemoglu starts from the basics but lack of examples and has very deep treatment of mathematics for being a...See more
The book is really advanced, which was a good surprise for me. The ones who really want a introduction to the topic should look anywhere else, like Barro''s book. Acemoglu starts from the basics but lack of examples and has very deep treatment of mathematics for being a macroeconomics book. I would never suggest this to someone who is beginning to study growth or lacks a mathematical basics, is definitively for Macroeconomics I of a research program, someone who already knows the basics and needs to strong its theoretical background about the topic.
The book is really advanced, which was a good surprise for me. The ones who really want a introduction to the topic should look anywhere else, like Barro''s book. Acemoglu starts from the basics but lack of examples and has very deep treatment of mathematics for being a macroeconomics book. I would never suggest this to someone who is beginning to study growth or lacks a mathematical basics, is definitively for Macroeconomics I of a research program, someone who already knows the basics and needs to strong its theoretical background about the topic.
2 people found this helpful
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Manuel
4.0 out of 5 starsVerified Purchase
Excelente texto, pero...
Reviewed in Mexico on January 9, 2018
Echo de menos ejercicios resueltos--o al menos con las respuestas-- a lo largo del texto. Estos son un importante complemento de las exposiciones teóricas.
Echo de menos ejercicios resueltos--o al menos con las respuestas-- a lo largo del texto. Estos son un importante complemento de las exposiciones teóricas.
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2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

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2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale

2021 discount Introduction to Modern Economic outlet sale new arrival Growth outlet sale