Matakuliah
Tahun
: F0882 - Economic Analysis
: 2009
THE PROCESS OF ECONOMICS GROWTH
Chapter 8
Learning Outcomes
• The Four Wheels of Growth
• Theories of Economic Growth
Bina Nusantara University
3
Economic Growth Is Key to
Long-Term Living Standards
Diffusion of Major Technologies
The Classical Dynamics of
Smith and Malthus
Economic Growth through
Capital Deepening
Technological Advance Shifts Up the
Production Function