Solutions Manual for "Introduction to Modern Economic Growth": Student Edition

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Overview

This is an essential companion to Daron Acemoglu's landmark textbook, Introduction to Modern Economic Growth . Designed for students, this manual contains solutions to selected exercises located throughout Acemoglu's text, helping students to maximize and reinforce their understanding of the material. Students will find this book invaluable for coursework and self-study.

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Product Details

  • ISBN-13: 9780691141633
  • Publisher: Princeton University Press
  • Publication date: 4/20/2009
  • Edition description: Student
  • Pages: 376
  • Sales rank: 1,391,821
  • Product dimensions: 8.40 (w) x 10.90 (h) x 1.20 (d)

Meet the Author


Michael Peters and Alp Simsek are graduate students in economics at Massachusetts Institute of Technology.
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Table of Contents

Introduction ix

Chapter 2: The Solow Growth Model 1
Exercise 2.11 1
Exercise 2.14* 5
Exercise 2.17 7
Exercise 2.18* 10
Exercise 2.19* 11
Exercise 2.20 12
Exercise 2.23 14
Exercise 2.27 17

Chapter 3: The Solow Model and the Data 21
Exercise 3.1 21
Exercise 3.9 23

Chapter 4: Fundamental Determinants of Differences in Economic Performance 25
Exercise 4.3 25

Chapter 5: Foundations of Neoclassical Growth 27
Exercise 5.9 27
Exercise 5.11 29
Exercise 5.12 30
Exercise 5.14* 36

Chapter 6: Infinite-Horizon Optimization and Dynamic Programming 39
Exercise 6.2* 39
Exercise 6.8 39
Exercise 6.9 43

Chapter 7: An Introduction to the Theory of Optimal Control 45
Exercise 7.1 45
Exercise 7.10 47
Exercise 7.17* 47
Exercise 7.18 48
Exercise 7.21 50
Exercise 7.24* 51
Exercise 7.25 55
Exercise 7.28 56

Chapter 8: The Neoclassical Growth Model 63
Exercise 8.2 63
Exercise 8.11 64
Exercise 8.15 66
Exercise 8.19 68
Exercise 8.23 69
Exercise 8.27 73
Exercise 8.31 76
Exercise 8.33 81

Chapter 9: Growth with Overlapping Generations 87
Exercise 9.1 87
Exercise 9.6 88
Exercise 9.7 90
Exercise 9.15 93
Exercise 9.16 95
Exercise 9.17 100
Exercise 9.21 101
Exercise 9.24* 102
Exercise 9.32* 104

Chapter 10: Human Capital and Economic Growth 107
Exercise 10.2 107
Exercise 10.6 109
Exercise 10.7 113

Chapter 11: First-Generation Models of Endogenous Growth 119
Exercise 11.4 119
Exercise 11.14 125
Exercise 11.17 129
Exercise 11.18 130

Chapter 12: Modeling Technological Change 131
Exercise 12.2 131
Exercise 12.11 132
Exercise 12.13 134

Chapter 13: Expanding Variety Models 139
Exercise 13.1 139
Exercise 13.6 141
Exercise 13.7 142
Exercise 13.13* 144
Exercise 13.15 148
Exercise 13.19 150
Exercise 13.22 159

Chapter 14: Models of Schumpeterian Growth 163
Exercise 14.2 163
Exercise 14.7* 164
Exercise 14.13 167
Exercise 14.15 171
Exercise 14.18 179
Exercise 14.21* 182
Exercise 14.26 186

Chapter 15: Directed Technological Change 197
Exercise 15.6 197
Exercise 15.18 201
Exercise 15.19 212
Exercise 15.24* 216
Exercise 15.27 218

Chapter 16: Stochastic Dynamic Programming 223
Exercise 16.4* 223
Exercise 16.8 224
Exercise 16.10 224
Exercise 16.11* 225
Exercise 16.12 231
Exercise 16.14 233

Chapter 17: Stochastic Growth Models 237
Exercise 17.13 237
Exercise 17.18 240
Exercise 17.30
• 243

Chapter 18: Diffusion of Technology 249
Exercise 18.8 249
Exercise 18.13* 254
Exercise 18.16* 258
Exercise 18.21 260

Chapter 19: Trade and Growth 263
Exercise 19.2* 263
Exercise 19.3 266
Exercise 19.4* 268
Exercise 19.11* 270
Exercise 19.25* 273
Exercise 19.26
• 274
Exercise 19.27
• 279
Exercise 19.28 284
Exercise 19.29 285
Exercise 19.33 289

Chapter 20: Structural Change and Economic Growth 293
Exercise 20.3 293
Exercise 20.5 294
Exercise 20.6 296
Exercise 20.8 296
Exercise 20.9* 299
Exercise 20.17 299
Exercise 20.19* 305

Chapter 21: Structural Transformations and Market Failures in Development 309
Exercise 21.1 309
Exercise 21.6 311
Exercise 21.12 315

Chapter 22: Institutions, Political Economy and Growth 323
Exercise 22.2 323
Exercise 22.3 326
Exercise 22.8 328
Exercise 22.16 329
Exercise 22.17 335
Exercise 22.22* 338
Exercise 22.27 343

Chapter 23: Institutions, Political Economy and Growth 351
Exercise 23.12 351
References 361

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