This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.

Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become

Included in the text are comprehensive interpretations of subjects such as: the relationship between aggregate supply and demand and long run growth, the intera

For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch