Study Guide for Economic Growth and Development

Chapter 1 Study Guide for Economic Growthand Development
Chapter 2 Overlapping-Generations Model of Economic Growth
	Reader’s Guide
	Section 2.1 Firms and Production
	Section 2.2 Households
	Sections 2.3.1-2.3.2 Growth Analytics
	Section 2.3.3 Technical Progress
	Section 2.4 Testing the Model
	Section 2.5 Human Capital
	2.6 Intergenerational Transfers
	Solutions to Exercises
	Questions
	Problems
Chapter 3 Fiscal Policy
	Reader’s Guide
	Section 3.1 Introducing the Government
	Sections 3.2.1-3.2.3 Government Consumption
	Section 3.2.4 Government Investment
	Section 3.4 Pure and Impure Public Capital
	Section 3.5 Open Economy
	Section 3.6 Endogenous Fiscal Policy
	Section 3.7-3.8 Convergence
	Solutions to Exercises
	Questions
	Problems
Chapter 4 Schooling and Fertility
	Reader’s Guide
	Section 4.1-4.2 Quantity and Quality of Children
	Sections 4.3-4.4 Schooling Dynamics
	Section 4.5 The Schooling Poverty Trap
	Section 4.6.1 Malthus: The Traditional Economy
	Section 4.6.2 Malthus: Fertility-Income Dynamics
	Sections 4.7-4.10 Additional Topics
	Solutions to Exercises
	Questions
	Problems
Chapter 5 A Complete One-Sector Model
	Reader’s Guide
	Section 5.1.1-5.1.3 Private Sector
	Section 5.1.4 Government Sector
	Section 5.1.5 Steady State Equilibrium
	Section 5.2 Cross-Country Income Differences
	Sections 5.3, 5.4.1 Foreign Aid
	Section 5.4.2 Opening the Economy
	Section 5.4.3 Eliminating the Poverty Trap
	Section 5.4.4 Fiscal Policy Reform and Aid
	Solutions to Exercises
	Questions
	Problems
Chapter 6 Two Sector Growth Models
	Reader’s Guide
	Section 6.1 From Stagnation to Growth
	Section 6.2 The Structural Transformation of a Two-Sector Economy
	Section 6.3 Two sectors and Two Goods
	Section 6.4 Declining Budget Shares Spent on Food
	Solutions to Exercises
	Questions
	Problems
Chapter 7 Wage and Fertility Gaps in Dual Economies
	Reader’s Guide
	Section 7.1 Wage and Fertility Gaps
	Section 7.2 Perfectly Competitive Markets in the Traditional Sector
	Section 7.3 Missing Land Markets in the Traditional Sector
	Section 7.4 Missing Labor Markets in the Traditional Sector
	Section 7.5 Forces that Bind Us
	Section 7.6 Asian Growth Miracles
	Section 7.7 Productivity Gaps
	Section 7.8 More on the Misallocation of Labor
	Solutions to Exercises
	Questions
	Problems
Chapter 8 Physical Capital in Dual Economies
	Reader’s Guide
	Section 8.1 Farmer-Owned Land I—Wage Gaps in US History
	Section 8.2 Farmer-Owned Land II—De-industrialization in the Ottoman Empire
	Section 8.3 Other Theories of Trade and Growth
	8.4 Large Landowners—Growth and Endogenous Fiscal Policy
	Solutions to Exercises
	Questions
	Problems
Chapter 9 A Complete Dual Economy
	Reader’s Guide
	Section 9.1 The Dual Economy
	Section 9.2 Transitional Growth in the Long-Run
	Section 9.3 Great Waves of Growth
	Sections 9.4-9.8 Discussion
	Solutions to Exercises
	Questions
	Problems
Chapter 10 Urbanization
	Reader’s Guide
	Section 10.1 Urban Bias
	Section 10.2 Growth and Urbanization
	10.3 Extensions
	10.4-10.7 Discussion
	Solutions to Exercises
	Questions
	Problems
Chapter 11 Government Borrowing
	Reader’s Guide
	Section 2.1 Fiscal Accounting
	Section 11.2 Economics of Sustainable Debt
	Section 11.3 Political Economy of Borrowing
	Section 11.4 Defaults
	Section 11.5 Money, Inflation, and Debt
	Solution to Exercises
	Questions
	Problems