Wednesday, May 6, 2009

The Wealth of Nations and Economic Growth

This is the name of one of the chapters of Tyler Cowen and Alex Tabarrok's new textbook, Modern Principles: Macroeconomics. It is an interesting read and a very clear, intuitive primer into the basics of economic growth, the factors that affect economic growth, the relationship between economic growth and the wealth of nations, and the various differences between richer and poorer nations. The chapter is available (temporarily I believe) online here.

Also, here is a post explaining the differences between this textbook and other Macroeconomics texts.

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