ECN 204 Chapter 8: Mcconnell14CE_IM_Macro_ch08
12 Oct 2017
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This chapter looks at the impact of economic growth in general although punctuated by periods of cyclical instability, economic growth in canada has been impressive. We question whether canada is achieving a new economy which might deliver a stronger future rate of growth. Finally, we explore both positive and negative aspects of growth. The only major change is a new "last word" on whether economic growth can withstand the changing demographics around the world. There is also a new quick review at the end of the chapter. Comments and teaching suggestions: the record of canada"s economic growth is made more meaningful if you can take time to put it in comparative perspective. Other books that touch on economic growth issues are lester thurow"s. Zero-sum society and zero-sum solution and wallace peterson"s our overloaded economy. Two excellent books are information rules and blown to bits. The january 1, 2000, issue of the wall. Concept illustration technological change and economic growth.
