Principles of Economic Growth

This is a concise and reader-friendly introduction to the principles of economic growth for students of economics and business. Gylfason examines theoretical and empirical models of economic growth through examples and case studies drawn from around the world and through a trenchant analysis of classic thought in this area. The influence of public policy on economic efficiency and growth is a key theme which underpins this textbook's engagement with issues such as liberalization, stabilization, privatization, and unemployment, as well as technology, education, natural resources, and geography. Economic growth is one of the most exciting areas of recent research and debate in the fields of business and economics, and this text, complete with end-of-chapter summaries and review questions, provides an ideal introduction to the topic.