Theoretical perspectives of economic development

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Reference no: EM131239164

As you examine the various theoretical perspectives of Economic Development:

1. THE BASIC GROWTH MODEL (aggregate production functions)

2. THE HARROD-DOMAR GROWTH MODEL

3. THE SOLOW (NEOCLASSICAL) GROWTH MODEL

4. DIMINISHING RETURNS AND THE PRODUCTION FUNCTION

Choose one and in prepare a post supporting this model of development.

Make sure you describe the theoretical construct in a convincing way in 400-500 words APA style.

Note: 1. the book is: Economics of Development, 7th Ed. for Perkins

Perkins, D, H. Radelet, S. Lindauer, D, L. and Block, S, A. (2013). Economics of Development. 7th Ed. New York: W. W. Norton & Company.

Reference no: EM131239164

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