Development and Growth Economics

In this study, it is aimed to explain the basic information about both development and growth economics and economic design, which is the building block of modern development theory. It is thought that some of the information in the study is important in terms of drawing a framework that will allow a better understanding of New Development. In addition, some important information about the content of economics as a concept is also included in the study in the light of the thoughts of Alfred Marshall and John Maynard Keynes.
The contents of the second edition are briefly as follows: In the first chapter, a conceptual introduction has been made. In the second part, some features of underdeveloped countries are explained using current data. The third chapter describes the colonial past of the underdeveloped countries. In the fourth chapter, the differences between the past and present meanings of development economics are explained. At the end of this section, it is once again emphasized that New Development means economic design. In the fifth chapter, development theories and in the sixth chapter basic information about economic design are given. The seventh chapter is on the objective function as an important element of economic design. In this section, microeconomic objectives are explained by matching them with development objectives. In the eighth chapter, Marshallian, Keynesian and ethical origins of economics and development design are presented. In the ninth chapter, after the basic concepts of economic growth are given, in the tenth chapter, the demand constraint in economic growth is explained. In the eleventh chapter, after presenting the difference between growth and catch-up, demand constraint in the catch-up process is explained in the context of middle-income trap. In the twelfth chapter, the role of foreign direct investments in the capture process is shown using Findlay's model. In the last chapter, the problem of infrastructure in development and growth design has been addressed within the framework of transportation.