Growth Economics

Growth economics is the study of how economies expand over time—specifically, how a country's output of goods and services increases. It examines factors like technological advances, investments, education, and improved productivity that drive sustained economic improvement. By understanding these elements, growth economics helps identify how nations can achieve higher living standards, create jobs, and reduce poverty. It also considers policies and conditions that promote or hinder long-term economic development, providing insights into building a more prosperous and stable economy for the future.