文档介绍：The economics of growth
Employment theory
It assumes the economy has fixed amounts of resources or inputs available.
What must be done to utilise fully the nation’s existing productive capacity?
It focuses on aggregate demand side.
Growth economics
Growth economics is concerned with the question of how to increase the economy’s productive capacity of full-employment GDP.
It focuses on the supply side.
Economic growth(经济增长)
(1) the increase in real GDP
(2) the increase in real GDP per capita.
The relationship between the economic growth and economic development (经济增长和经济发展的关系)
Causes of growth
The quantity and quality of its natural resources
The quantity and quality of its human resources
The supply or stock of capital goods
Technology