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Economic Development by Michael P. Todaro and Stephen C. Smith

Key Benefit:
Economic Development, Twelfth Edition-the leading textbook in this field-provides 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 so you can see how theory relates to the problems and prospects of developing countries.
Key Topics: Principles and Concepts; Introducing Economic Development: A Global Perspective; Comparative Economic Development; Classic Theories of Economic Growth and Development; Contemporary Models of Development and Underdevelopment; Problems and Policies: Domestic; Poverty, Inequality, and Development; Population Growth and Economic Development: Causes, Consequences, and Controversies; Urbanization and Rural-Urban Migration: Theory and Policy; Human Capital: Education and Health in Economic Development; Agricultural Transformation and Rural Development; The Environment and Development; Development Policymaking and the Roles of Market, State, and Civil Society; Problems and Policies: International and Macro; International Trade Theory and Development Strategy; Balance of Payments, Debt, Financial Crises, and Stabilization Policies; Foreign Finance, Investment, Aid, and Conflict: Controversies and Opportunities; Finance and Fiscal Policy for Development
Intended for those who wish to gain a better understanding of economic development.

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