Selected Product:
| Introduction to Economic Growth (Second Edition)
Hardcover
Edition: 2
Author: Charles I. Jones
Publisher: W. W. Norton
Release Date: 2001-12-19
ISBN-10: 0393977455
ISBN-13: 9780393977455
List Price: $56.25
Average Customer Rating:
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Summaries and Customer Reviews are supplied by Amazon.com
One of the hottest fields in contemporary macroeconomics, economic growth is both fascinating to theorists and critically important to policy makers. In Introduction to Economic Growth—the only text in the field designed specifically for advanced undergraduates—Charles I. Jones explains in clear, direct language how economists have come to understand the long-run growth of economies. Beginning with empirical evidence—how rich are the rich countries, how poor are the poor, and how fast do the rich and poor countries grow? —Professor Jones then presents the major theories of economic growth, from the Nobel Prize-winning work of Robert Solow to the new growth theory that has ignited the field in recent years.
Delivers on the promise
| Customer Rating: | | This book delivers on its promise of being a textbook on economic growth theory for undergraduates. It is not easy (as economic growth is not), but it is definitely within the grasp of economics undergraduate with knowledge of basic economic principles. It also provides sufficient advance material in the second half of the book to stimulate further study into economic growth. However, beware that this is not a book about policy prescriptions for economic growth, it is about the theoretical framework to understand it (necessary, but not sufficient for policy prescriptions). |
Excellent book about the economic growth theory.
| Customer Rating: | | This is a excellent book about the economic growth theory. I've read excellent books as "Economic Growth" by R. Barro, "Advanced Macroeconomics" by David Romer and "Endogenous Growth Theory" by Philippe Aghion, the principal problem is the level, if you don't have notions about economic growth theory, you'll have problems to understand. Charles I. Jones wrote a excellent introduction about all the modern economic growth theory. I recommend this book amply. |
A thorough introduction
| Customer Rating: | | Since most intermediate-level macroeconomics textbooks - probably because of lack of space - usually decide to devote no more than a chapter or two to what is often considered to be the most important topic in economics, Jones' book serves as a very neat introduction to the field. Obviously, noone should expect to see the rigour one can find in advanced treatments, but - without doubt - it is easier to jump to advanced treatments if you see the intuitive explanation first. I could say this is one of the best textbooks I had a chance to read. |
Une théorie générale de la croissance
| Customer Rating:  | | Une traduction francaise de l'ouvrage vient de paraître chez DE BOECK. Ce livre est une belle tentative de construction d'une synthèse des théories de la croissance et d'essai d'une théorie générale. A la lecture certaines manies de l'auteur apparaissent, certaines bonnes, d'autres curieuses. Les bonnes sont sans aucun doute la pédagogie, le lien permanent avec les faits, la volonté "to takes Robert Solow seriously" et la réalisation d'une synthèse entre Solow et les théories endogènes. Mais 1) le chapitre 5 donne une présentation bien compliquée du modèle de Romer, on pouvait faire plus clair.2) Alors que les commentaires insistent sur l'importance de la dynamique transitoire, aucune présentation théorique de la beta convergence n'est proposée. 3) Jones prétend que la croissance endogène est caractérisée par l'action de la politique economique sur le taux de croissance. Il a beau jeu de montrer qu'il n'en est rien et que selon lui, la croissance endogène se définit par le choix des agents qui investissent en recherche (page 159). En fait tout le monde est d'accord avec lui sur ce point. |
Very good as an undergraduate text in the subject
| Customer Rating: | | The book presents the subject in a very friendly way; great for a first glance to the subject. However, I have to agree that it turns out to be a little too basic as one approaches the chapters on new growth and other alternative theories. |
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