Economics Development, 13th Edition

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Economic Developmentthe leading textbook in this field, provides your students with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies, to show how theory relates to the problems and prospects of developing countries.

Economic Development is the leading textbook in this field, providing a complete and balanced introduction to the requisite theory, the driving policy issues, and the latest research.

 

Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies so students see how theory relates to the problems and prospects of developing countries.

 

  • The hallmark approach, shaped by the authors’ personal experience and extensive research:
    • Teaches economic development within the context of country-specific examples so that theory is demonstrated through real-world issues.
    • Adopts a problem- and policy-oriented presentation to foster students’ ability to understand contemporary economic problems and to reach independent and informed conclusions.
    • Uses the best and most recent available data and the appropriate theoretical tools to illuminate common problems of developing countries.
    • Focuses on a wide range of developing countries, not only as independent nation-states but also in relation to one another and in their interactions with rich nations.
    • Recognizes the necessity of treating the problems of development and underdevelopment from institutional, structural, and market perspectives.
    • Views development and underdevelopment in both domestic and international contexts, stressing the increasing interdependence of the world economy.
    • Considers the economic, social, and institutional problems of underdevelopment as closely interrelated and requiring coordinated solutions at local, national, and international levels.
  • Country-specific Case Studies at the end of each chapter reflect and illustrate specific problems discussed in the chapter.
  • Voices of the Poor boxes give students perspective on the issues faced by citizens in developing and underdeveloped nations.
  • The text is organized into three distinct parts:
    • Part One focuses on the nature and meaning of development and underdevelopment, and its various manifestations in developing nations. The growth experience of now-developed countries is examined, four classic theories of development are presented, and recent development models are introduced.
    • Parts Two and Three focus on major domestic and international development problems and policies, such as economic growth, poverty and income distribution, population, migration, and urbanization.
    • The book concludes with the authors’ look ahead at key emerging issues in economic development.
  • Coverage of topics is structured to allow instructors to adapt lecture topics based on their individual course.
  • Essential principles of economics relevant to understanding development problems are highlighted in boldface and are explained in detail where appropriate.
  • The material is sufficiently broad in scope and rigorous in coverage to be used in any undergraduate and some graduate development economics courses.
Weight 1.3 kg
Dimensions 26 × 23 × 3 cm
Delivery

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