The Solow Growth Model (Part Two) The golden rule level of capital, maximizing consumption per worker.
1 Economic Growth Professor Chris Adam Australian Graduate School of Management University of Sydney and University of New South Wales.
Lurking in the Shadows: The informal sector and government policy
Ec4004 2008 Lecture15 Ss
1 Macroeconomics Lecture 3-4 Economic Growth, Solow Growth Model (Mankiw: Macroeconomics, Chapter 4) Institute of Economic Theories - University of Miskolc.
Review of the previous lecture 1.The Solow growth model shows that, in the long run, a country’s standard of living depends positively on its saving rate.
Review of the previous lecture
