Economic growth
Economic growth is the increase in the value of goods and services produced by an economy. It is conventionally measured as the percent rate of increase in real gross domestic product, or GDP. Growth is usually calculated in real terms, i.e. inflation-adjusted terms, in order to net out the effect of inflation on the price of the goods and services produced. In economics, "economic growth" or "economic growth theory" typically refers to growth of potential output, i.e., production at "full employment," rather than growth of aggregate demand.
External Links
- Green Accounting Bibliography contains a discussion and related material on green or environmental accounting, an effort to create more comprehensive measures of conventional national income statistics.
- Beyond Classical and Keynesian Macroeconomic Policy is Paul Romer's plain-English explaination of Endogenous Growth Theory.
~ Table of Content ~
| ► | Introduction |
| ► | Origins of the concept of Economic Growth |
| ► | The Question of Growth |
| ► | The limits to growth |
| ► | See also |
| ► | External Links |
~ What's Hot ~
The Princess And The Frog, Alvin And The Chipmunks The Squeakquel, The Boondock Saints Ii All Saints Day, The Hangover, Up In The Air, The Blind Side, The Karate Kid, Dear John, Jennifer S Body, New Moon, The Goods Live Hard Sell Hard, The Ugly Truth, Avatar, Clash Of The Titans, 500 Days Of Summer, Madagascar 3, Lethal Weapon 5, Twilight, My Sister S Keeper, The Mummy 4 Rise Of The Aztec,
~ Community ~
| ► | History Forum Come and discuss about History, Civilizations, Historical Events and Figures |
| ► | History Web-Ring A community of sites, blogs and forums dedicated to History. Do not hesitate to submit your site. |
and are licensed under the GNU Free Documentation License.
Lexicon - Privacy Policy - Spiritus-Temporis.com ©2005.