Submitted by economicurtis on Thu, 01/03/2013 - 16:46
This video was recorded for an intermediate level macroeconomics course's section tutorial.
We work with the 'full' solow swan model with labor-augmented technology growth and population growth.
Given a decrease in the depreciation rate, what is the effect on Aggregate Output (Y), Capital (K), Investment (I) and Consumption (C), per-capita output (y), capital (k), investment (i) and consumption (c), and per-effective-worker capital (k\hat) and output (y\hat)?
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