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Solow Growth Model: A Numerical Example

148.4K views
Nov 22, 2014
9:58

This video reviews (non-graphically) the essential ideas of the Solow growth model and provides a numerical example, solving for the steady state capital-labor ratio, steady state GDP per worker, steady state investment per worker, and steady state consumption per worker. If this video helps, please consider a donation: https://www.paypal.com/cgi-bin/webscr?cmd=_donations&business=T2MPM6MSQ3UT8&currency_code=USD&source=url For more macro videos see here: IS-LM Model: https://youtu.be/JkvEqEH_dCk Deriving Aggregate Demand: https://youtu.be/wM6vioFM0x8

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Solow Growth Model: A Numerical Example | NatokHD