Optimal Growth Economics

Dr. Sardar M N Islam is Director, Sustainable Growth Program, Centre for Strategic Economic Studies, Victoria University, Australia. He is also associated with the Financial Modelling Program and the Law and Economics Program there. He has published 11 books and research monographs and more than 150 technical papers in Finance, Economics, Corporate Governance, and E-Commerce.

...Extends and evaluates the application of optimal growth programming to address contemporary issues of growth economics with national , global, environmental, and ecological growth models. Surveys computational methods for optimal growth models. Journal of Economic Literature ...By providing the justifications for considering optimal growth economics as a separate discipline, integrating the theoretical, computational and applied modeling issues and methods in a single volume, by extending the literature in this area to incorporate recent developments in different branches in economics, including sustainable development, by integrating further welfare economics, social choice and optimal growth, this book has made a substantial contribution to the literature and filled an obvious gap. Journal of Development Studies, 2004 ...The author argues convincingly that as a distinct discipline, optimal growth economics is able to utilise the techniques of mathematical modelling and computing to address a wide range of issues. Journal of Development Studies, 2004 ...By providing the justifications for considering optimal growth economics as a separate discipline, integrating the theoretical, computational and applied modelling issues and methods in a single volume; by extending the literature in this area to incorporate recent developments in different branches in economics, including sustainable development, and by integrating further welfare economic, social choice and optimal growth, this book has made a substantial contribution to the literature and filled an obvious gap. Journal of Development Studies

• List of figures. List of tables. Preface. Chapter 1. Introduction. Part A: The framework: theory, concepts and methodology. 2. Optimal growth economics: The framework for modelling and analysis in this study. 3. Computational optimal growth economics: The dynamic optimisation methods. 4. The social discount rate and optimal growth economics: The interrelationships and social choices. 5. Optimal intertemporal environmental economics: Formulation of optimal sustainable growth programs. Part B: Applications : Models of the national and world economy with the environment, ecology and uncertainty. 6. Optimal national economic growth. 7. Optimal intertemporal global economic growth: Growth prospects, globalisation and convergence. 8. Optimal intertemporal climate change economics: A country perspective.9. Optimal intertemporal ecological economics: A cost benefit analysis of growth for global sustainability. 10. Optimal growth economics under uncertainty and complex dynamics. 11. A smorgasbord of topics. 12. Contemporary world and optimal growth economics: Summary, major findings and conclusions. Bibliography.