Chapter 9. Growth and the Environment Link to syllabus Skip: rule of 70 p Skip diminishing returns to capital, page 234

Economic Growth in the US, India, and China. Fig 9-1, P. 242

EYE ON THE PAST Back to list Different text Mostly stagnation until Industrial Revolution How Fast Has Real GDP per Person Grown?

Figure 9-2 p GDP/Cap around the World.

Fig 9-3 p Comparing Recent Growth Rates,

Technological Progress and Productivity Growth. Fig 9-5 p. 251

US Productivity, Decline and Recovery Fig 9-6 p. 252

Old Europe and New Technology. P. 256.

Growth: Success and Disappointment. Fig 9-8 p. 260

Convergence? Figure 9-9 p. 263

EYE ON THE GLOBAL ECONOMY Back to list Different Text Persistent Gaps or Convergence?

EYE ON THE GLOBAL ECONOMY Back to list P. 241 Very interesting Persistent Gaps or Convergence?

1798 Essay on the Principle of Population Overpopulation; economics as “the dismal science” Improvements in living standards due to the industrial revolution would be overwhelmed by increases in population, and by stagnation in food production due to limited resources. David Malthus,

“Neo-Malthusians:” resources and environmental problems Club of Rome: “Limits to Growth” 1970’s From earlier edition of this textbook

Pollution and Growth. Fig 9-12, p. 267

The Real Price of Oil, Fig. 9-10, p. 264

US Oil Consumption, and GDP Growth. Figure 9-11 p. 265

U.S. Oil Production, Consumption, Imports Source: U.S. DoE