Kitoblar

Economic Development. 5TH ED.

Economic Development (5th Edition) by Michael P. Todaro is a widely used textbook that introduces students to the key concepts, theories, and challenges of economic development. It examines why some countries grow while others remain poor, and explores issues such as poverty, population growth, income inequality, unemployment, agricultural transformation, and international trade. Todaro emphasizes a human-centered approach, arguing that development is not just about increasing income but improving quality of life. The book combines economic theory with real-world examples, making it a foundational text for understanding development economics.