The technological factor of the economic growth through the stages of the economic theory

Gruevski, Ilija (2010) The technological factor of the economic growth through the stages of the economic theory. Yearbook Faculty of Law, Goce Delcev University, Stip. ISSN 1857-7229

[thumbnail of Технологијата како фактор на економскиот раст низ правците на економската теорија.pdf]
Preview
Text
Технологијата како фактор на економскиот раст низ правците на економската теорија.pdf

Download (277kB) | Preview

Abstract

We all agree that the economic growth is one of the most important issues in contemporary economic science. The growth in the economy is often interpreted as an increase in the total output of goods and services in the society. More precisely, the economic growth can be defined as a quantitative increment of the potential GDP of the national counties in one year period. The main mechanism that enables the growth of the economies is the process of capital formation through investment. Another key factor with a growing significance is the technology. Since modern economies are more rigid and tend to develop slowly, technological innovations are crucial for acceleration of the growth. Therefore, in this section, we investigate the different stages of the economic theory to determine the significance of the technology as a factor of the economic growth.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Ilija Gruevski
Date Deposited: 13 Feb 2013 13:00
Last Modified: 13 Feb 2013 13:00
URI: https://eprints.ugd.edu.mk/id/eprint/5573

Actions (login required)

View Item View Item