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Theory of Immiserising Growth | Economics

In this article we will discuss about the theory of immiserising growth. The process of economic growth may bring about an increase in level of output in the growing economy and the wealth effect may even be positive but the deterioration in the terms of its trade may be so large that it more than offsets the positive wealth effect. [...]

By |2018-03-15T11:34:36+05:30March 15, 2018|Theories|Comments Off on Theory of Immiserising Growth | Economics

Neoclassical Theory of Economic Growth | India | Economics

In this article we will discuss about:- 1. Introduction to the Neoclassical Theory of Economic Growth 2. Production Function and Saving of Neoclassical Growth Theory 3. Fundamental Growth Equation of Neoclassical Growth Theory 4. The Growth Process 5. Impact of Increase in the Saving Rate 6. Effect of Increase in Population Growth Rate 7. Long-Run Growth and Technological Change. Introduction [...]

By |2018-03-02T14:40:21+05:30March 2, 2018|Theories|Comments Off on Neoclassical Theory of Economic Growth | India | Economics
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