Very helpful, wish you could cover another model with an explanation as simple as this.
@tahminatasnimrodela2466 Жыл бұрын
Loved the way you explained the model. I have issues focusing on something but this video had my attention the whole time. Thanks!
@sharonjzion73447 жыл бұрын
the best way of explaining an economic theory.Perhaps Economics is not that hard to understand leaving the fact that the people who explain them make them utter nonsensically complex
@MrUzuhl6 жыл бұрын
Hmm as an economic student I really dont find economic theory complex; on the contrary these mathematical models with assumptions are quite easy to understand (even the more complex ones) causes this one is a very basic one). BUT what is complex really is to understand how the economy REALLY works and the immense complexity of it. The most important thing really beside of course understanding the models is to be able to criticise and understand what the assumptions implies ... The most difficult areas to study are the ones who deals with the basic axioms on which other science (the more concrete ones as economics or sociology for instance) relies on in order to make their own theories. I would say its firstly philosophy (analytical, logic, epistemology,...), mathematics in particular but i would say physics would be pretty close as well.
@sanjanakhedekar76516 жыл бұрын
u r a great tutor
@tanushreedutta9608 жыл бұрын
Where is the next part of this video?I am unable to find your video in which you have dealt with limitations of Harrod Model as you have said in this video.
@ngehulumala34346 жыл бұрын
i can not believe i did not understand this model before i watched your video,thank you
@prajwalchambhare256 жыл бұрын
u should make more videos on economics .. you are amazing at explaining .
@brigeeluvtv_wordsharing93733 жыл бұрын
You are such an amazing tutor Andrew! But you never uploaded the video on the limitations of the model. I went through your playlist but found nothing :(
@Valentin-oc5nh2 жыл бұрын
thank u! I just needed to get the concept! you'd be a great teacher if you aren't already
@shush60475 жыл бұрын
This video really saved me.thanks a lot.hope you will make videos about other models too.
@Dianaplaysmm211 ай бұрын
Very well explained. Thank you.
@bushahabtamu2205 Жыл бұрын
This is a good economics explanation ,thank you.
@darictesfaye38082 жыл бұрын
Thank You!Short Precise and Clear!
@akuokoangelo19203 жыл бұрын
Beautiful presentation and teaching. However, I'm a little sad after learning the fact about my country's (Ghana) economic growth at the beginning of the video.
@christinedegeer10207 жыл бұрын
this is so so helpful thank you so much
@joywood50337 жыл бұрын
This is a good start. Unfortunately, there is an error at 7:40 minutes into the presentation. This can be fixed.
@MrUzuhl6 жыл бұрын
This model is interesting to know bus so simplistic and basic that it doesn't encompass a lot of things such as the impact of a higher saving rate on the long term consumption ...
@abbakpa2 жыл бұрын
YOU EXPLAIN IT BETTER THAN MY PROFESSOR
@davyray94able2 жыл бұрын
Thank you But I would like to know about the criticism addressed to this model
@rahmanfayaaz67462 жыл бұрын
You are awsome man 💯💯
@kaoseda18863 жыл бұрын
Thank you so much for this video. It helps me a lot for my class presentation.
@abdifatahsaleiman87482 жыл бұрын
So helpful❤ from Ethiopia 🤝
@amjose132 жыл бұрын
very clear explanation of harrod domar model
@negativeeffect41134 жыл бұрын
thank you , you saved my ass before final exam
@mlamba914 жыл бұрын
Fantastic explaination
@mferreyra4123 жыл бұрын
ty
@philipgroeman27844 жыл бұрын
Great video!!
@anastasianastia3 жыл бұрын
Thank you so much
@maggiesmg6 жыл бұрын
Brilliant. Thank you!
@radharajoli76757 жыл бұрын
Thank you so much, why can't the USPC guys come up with this guys teaching method...
@SE-ht6vi4 жыл бұрын
So helpful
@adil.elmacademy Жыл бұрын
please make vedio on solow model
@milenacafruni97864 жыл бұрын
thank you! that was great!
@laurenharris35647 жыл бұрын
Thank you so much!
@PhillzKing3 жыл бұрын
Saving leads to Investment (theoretically) but is Savings = Investment??? maybe expound on that
@tinayetyler8722 жыл бұрын
so interesting
@drnewgunner43596 жыл бұрын
I have to criticize you for an important thing about 1 st assumtion of harrod-domar model that you wrote. Actually, İn Harrods dynamic, Savings are not lead to Investments . Ex-ante Investment have to be equal to the ex-post savings . Namely, Investment had be done , later savings pay the bill.
@maryamasif97867 жыл бұрын
well defined thank you
@justicebeaver81148 жыл бұрын
Thank-you!
@56dragonfly6 жыл бұрын
thank you!
@shanksqueenayopila30335 жыл бұрын
Thank youuuu
@jolieobi7 жыл бұрын
Helpful. Thank you
@itsm3dud396 жыл бұрын
Thanx man
@manasvibarthwal52492 жыл бұрын
One doubt that ∆y/y is growth rate not just ∆y
@nnekaobi6058 жыл бұрын
very helpful
@dariorapiti7331 Жыл бұрын
This is not the model. You got wrong 2 of the assumptions. This is a bad semplification that just miss the main point and argument of the proper model (instability of growth)
@workugetachew2015 жыл бұрын
I think this is so importan
@riat3602 жыл бұрын
1:21
@danielofor90223 жыл бұрын
This is so boring
@YourillegalDad Жыл бұрын
Assumptions 1.S=I 2.Inv lead to change in cap stock I=∆k 3.Constant C-O ratio r=K/Y