A Note on Long-Run Models of Economic Gr...
Rodriguez, Peter L...
Technical Note
A Note on Long-Run Models of Economic Growth
G-0614 | Published February 3, 2010 | 12 pages. Technical Note
Collection: Darden School of Business
Product Details
This technical note prepares students to use and analyze economic models of long-run growth. The technical note is particularly useful in introduction the Solow Neoclassical growth model for discussing growth in emerging markets and developed economies.
Learn the Neoclassical model of economic growth Learn the way the technological improvements affect income levels and poverty Learn the role of savings and human capital improvement on the process of economic growth Offer a perspective on why some countries have much higher incomes than others