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Thank you very much, for these insightful detail about the Golden rule. This saves so much time.

Thank you very much

This was extremely helpful as a last resort the night before my exam, thank you!

You explained it so well!! Thank you so much you are a life saver.

The standard equation has (n+d)k, here we have (1-d)k

Thank you so much

I'm failing this midterm lmao it's so over

absolutely fantastic guide. I was looking for a video that explains the mathematical actions behind the equations like this one. it was so much easier to process. thanks for the great video you earned the sub.

Thanks a lot !

Great video! I have an exam tomorrow. I wanted to ask why is important for everything to be in per capita terms?

Great video! I have an exam tomorrow. I wanted to ask why is important for everything to be in per capita terms?

Tomorrow I am writing exams on economic growth, you sir helped me a lot. Greetings from Cyprus

You are the best❤

really helpful, thanks!

helpful

when I plug-in the solution for the capital into the solution for the savings rate, lo and behold, the Golden Rule Saving Rate = alpha

Best explanation I've seen so far! Thanks!

I am failing this midterm

Thank you so much for your work I'd love to ask what happened to the central equation with kt+1 as y variable and kt as x variable if there is a destruction in the capital (hurricane)?

Thank you!

Thank you sir

You are absolutely excellent! Much better than a professor at the University of Hong Kong.

I wonder why ur channel is underrated

7:33 why did you not include alpha and beta as part of the numerator?

Nice 😊

sir please upload some numerical problems on solow model too. please sir.

Bless

Thank you so much for this video. This is the best explanation I have seen.

Thx for videos on Solow Growth, really helpful.

This is simply great I saw lots of videos but no one could explain in such a good way. Guys don't leave without subscribing him.

Why is this in my first exam in intro to Macroeconomics? 😭

I really would like to see more videos like this and would be appreciated a lot if you solve more extreme examples. However it seems you re not creating any more videos, so can you tell me some books about advanced microeconomic?

Thanks a lotttttt Your videos answered many of my questions.

Thank you for the explanation:)

Excellent presentation

Can't see anything

You try to give the video more brightness it will be great if you do

what would happen to the steady state if the changes in exogenous variables reverted back to it's original value?

اريد هذا الفيديو بالعربي

In the text book I have seen people taking Log both side of the capital accumulation equation. But u dont do that? what is the difference

Super nice video! It clarifies the aspects that my professor went through fluently.

Great video, it definitely helped me a lot

Thank you, this was great!

Cant see anything in the mathlab simulation

thank you, it was so helpful and it makes everything clear <3

Thanks alot 🙏

Well explained sir... thanks for your help 🙏🙏

Thank you for making these. They're really easy to follow and understand. Solow Model sorted, Ramsey Cass to go (^_^)

1. Hybrid Harrod-Domar-Solow Model) An economy has a population of 2 million, current capital stock of $6 billion, and a current GDP of $3 billion. The savings rate is a constant 8% and depreciation rate is 3%. The population growth rate is 0. Its production function is given by, where denotes GDP, denotes capital stock and denotes productivity of capital in year . Capital productivity will remain at its current level until the economy achieves a per capita income of $2000. Between per capita income of $2000 and $3000, capital productivity will be at a constant level, which will be 10% lower than what it is currently, owing to some natural resource (energy) constraints. Between per capita income of $3000 and $4000, capital productivity will also be at a constant level, which will be 10% lower what it would be between per capita income of $2000 and $3000. And so on: for every successive range of per capita income of a thousand dollars, capital productivity will be (constant at a level which is) 10% lower what it was for the previous range. (i) Calculate the current and future growth rates of p.c.i.: how will they differ? (ii) What will the growth rate and level of p.c.i. be in the long run? 2. (Solow Model) Suppose an economy follows the Solow growth model, with a constant investment, depreciation and population growth rate. Predict the effects of the following policy changes in this economy, on p.c.i. levels and growth rates separately, both in the short and long run: (i) There is no TFP growth, and the economy starts from a steady state level of p.c.i. The government withdraws an investment tax credit, which causes the investment rate to fall permanently. (ii) There is no TFP growth, and the economy starts with an initial p.c.i. which is below the steady state level. The economy accommodates an influx of immigrants, which raises its population size in one shot, without affecting the growth rate of population. (iii) There is technical progress, and the economy is in steady state. The government provides a subsidy for R&D which succeeds in inducing a higher rate of TFP growth. How do you solve that

Hi, could you please show how you did the derivatives part to find the slope of the line -p1/p2