economicurtis's picture

In this video (recorded for an intermediate level macroeconomics course section tutorial) I introduce and set-up the simple Solow Model.

The focus of the video is to cover the nitty gritty details of the maths driving the conclusions covered in Cowen & Tabarrok's "Economic Growth 2" chapter.

We discuss the model's variables, parameters, and notation - and discuss the model's assumption. We also develop the law of motion of capital, and start working toward the steady state level of capital.

Simple Solow Model - set-up, assumptions and law of motion of capital

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