Introduction to the Solow Growth Model (ep. 1)

  Рет қаралды 321,165

Economics Alex

Economics Alex

Күн бұрын

Пікірлер: 103
@skullbones2053
@skullbones2053 8 ай бұрын
I am in college studying this right now and you've summed an entire unit into a 6 min video! Amazing!
@danekblack2355
@danekblack2355 7 жыл бұрын
speed at 1.25, perfect lol
@vietcongpornsurfers
@vietcongpornsurfers 7 жыл бұрын
thank u
@zdubs88
@zdubs88 6 жыл бұрын
Actually uncanny how normal it sounds at 1.25
@АделинаСаттарова-д7ф
@АделинаСаттарова-д7ф 6 жыл бұрын
Nope. Still slowly (
@nelsondum1749
@nelsondum1749 5 жыл бұрын
Thanks to you
@Gonostico
@Gonostico 5 жыл бұрын
for native speakers
@bigjayfitness
@bigjayfitness 7 жыл бұрын
congrats, you just proved how incompetent my professor is. great explanation
@patrickdemenezes4204
@patrickdemenezes4204 2 жыл бұрын
LMAO
@PunmasterSTP
@PunmasterSTP 2 жыл бұрын
I know it's been awhile, but how did the rest of your class go?
@andrebezuidenhout3135
@andrebezuidenhout3135 5 жыл бұрын
This was really helpful in making a clear relationship between the depreciation line and the saving function. Thank you.
@xbrando7
@xbrando7 6 жыл бұрын
Well Done Alex!!! I took Intermediate Macro 2 years ago and this is exactly how I remember it, only simpler. A great refresher :)
@sorosw2980
@sorosw2980 4 жыл бұрын
I studied this concept in college but watched this video just for reviewing. Great summary and keep up the good work!
@dhanukaperera594
@dhanukaperera594 5 жыл бұрын
Was starting at this graph on my book with no idea on what it was till I watched this. Thanks!
@mathewajayi2482
@mathewajayi2482 10 ай бұрын
Great work. The explanation seem straight forward enough. The depreciating effect of capital accumulation and the effect of technology on growth.
@Godeuzz
@Godeuzz 3 жыл бұрын
After years of reading and researching on the solow growth model, in 6 mins at 1.25 speed I managed to learn everything. Thank you my G No cap laqwa wiehed int
@lukemagro1639
@lukemagro1639 3 жыл бұрын
Spent a couple of weeks trying to understand this, managed to get it in 6:55 mins today
@redreed42
@redreed42 8 жыл бұрын
God bless you dude :´/ have a macro exam coming up, didn't get a thing before. Thank you!! Much appreciated
@lukemagro1639
@lukemagro1639 3 жыл бұрын
Right m8
@Godeuzz
@Godeuzz 3 жыл бұрын
Aw Anka Jien istja bro
@lukemagro1639
@lukemagro1639 3 жыл бұрын
Currently doing an assignment
@lukemagro1639
@lukemagro1639 3 жыл бұрын
Ahba xkumbinazzjoni
@PunmasterSTP
@PunmasterSTP 2 жыл бұрын
Hey I know this was forever ago, but how'd the exam go?
@Emre-yh2xj
@Emre-yh2xj 6 жыл бұрын
Thanx Alex, you did a great job. This video give me an another perspective about solow growth model
@mandisakota8184
@mandisakota8184 4 жыл бұрын
Thank you, this was years ago but its still effective.
@rooneyortega7217
@rooneyortega7217 Жыл бұрын
Lifesaver even 7 years later!
@PunmasterSTP
@PunmasterSTP 2 жыл бұрын
Solow? More like "So long"...to ignorance! Thanks for sharing all this wonderful information with us.
@monoswaeedey3508
@monoswaeedey3508 7 жыл бұрын
Love you bro. This video will be praised by everyone who have exams towmorrow ❤❤❤👏👏👏
@PunmasterSTP
@PunmasterSTP 2 жыл бұрын
I know it's been like forever, but how'd those exams go?
@monoswaeedey3508
@monoswaeedey3508 2 жыл бұрын
@@PunmasterSTP well glad you asked, Passed That exam with respectable marks, and persuing my dream profession now!
@PunmasterSTP
@PunmasterSTP 2 жыл бұрын
@@monoswaeedey3508 You’re certainly welcome for my asking, and I’m really glad to hear that! Btw, what is your dream profession?
@monoswaeedey3508
@monoswaeedey3508 2 жыл бұрын
@@PunmasterSTP Advocate
@fangisnotmyname
@fangisnotmyname 5 жыл бұрын
That was very helpful - I took Macro over a year and a half ago and I didn't remember a thing about this model when it was brought up in class today. Thank you so much.
@PunmasterSTP
@PunmasterSTP 2 жыл бұрын
I know it's been awhile, but I was just curious. How did the rest of your class go?
@SinisterFahim
@SinisterFahim 6 жыл бұрын
you are a god amongst professors.
@ankita7756
@ankita7756 4 жыл бұрын
This is really a great and simple explanation to help understand the model.
@jaydenchong2836
@jaydenchong2836 7 жыл бұрын
Really nice video, explain it better than my Unimelb lecturer
@mukrimmowlana1206
@mukrimmowlana1206 6 жыл бұрын
explained better than unideakin lecturer as well haha
@Simi-fwE
@Simi-fwE 26 күн бұрын
Writing my final exam for economics in undergraduate and you just saved me.
@tedmink7568
@tedmink7568 23 күн бұрын
Same. Introductory Macroeconomics.
@Simi-fwE
@Simi-fwE 23 күн бұрын
@tedmink7568 how was your exam, have you written? Mine was amazing lol, definitely pass.
@tedmink7568
@tedmink7568 23 күн бұрын
@Simi-fwE Mine's tomorrow. I'm glad your's went well. Our lecturers only love mathematical problems.
@Simi-fwE
@Simi-fwE 22 күн бұрын
@tedmink7568 Hope it all goes well for you bro. The mathematical problems are a bit complicated but you got this💪
@myzone1084
@myzone1084 4 жыл бұрын
Very well explained . Thumbs up for this video. 👍
@Twister3311
@Twister3311 8 жыл бұрын
All I can say is THANKYOU!
@FelixFrost
@FelixFrost 4 жыл бұрын
The only non-indian guy I found who I could actually comprehend
@bhawnabhatia6266
@bhawnabhatia6266 4 жыл бұрын
Made my life easier! Thanks much.
@Kaze_Lsk
@Kaze_Lsk Жыл бұрын
Thank you for saving me from a professor who not only can hardly speak English but is also only teaching to cut down on the price of his PhD
@nehalalsaeed9492
@nehalalsaeed9492 2 жыл бұрын
Its very good simple and clear but kindly wrote the explanation under the video thanks
@rubabrafique1300
@rubabrafique1300 8 ай бұрын
Great explanation
@wrjazziel
@wrjazziel 4 жыл бұрын
Thanks, man for making this video!
@Mia-sb1bb
@Mia-sb1bb 5 ай бұрын
really well explained thank you!
@fergusmacdonald3582
@fergusmacdonald3582 4 жыл бұрын
can you explain the difference between investment and net investment in the economy? isn't it just investment?
@frankconte2457
@frankconte2457 4 жыл бұрын
Thank you for your effort. Good explanation!
@GeniusOnHisWay
@GeniusOnHisWay 6 жыл бұрын
Hey so what use is the y= f(k) formula in the end? What role does it play in growth? It just depicts the correlation between capital and worker output, no?
@nemathassnain8522
@nemathassnain8522 4 жыл бұрын
Hi Alex! Can you please do the . Ramsey-Cass-Koopmans Model
@saliyayou
@saliyayou 6 жыл бұрын
Well explained.Great
@ay78124
@ay78124 5 жыл бұрын
amazing explanation !! what a nice man. gGod bless
@kuengadendupwangmo9151
@kuengadendupwangmo9151 6 жыл бұрын
This just saved my life lol 😅😅 I think I'll ace my papers now 😅
@PunmasterSTP
@PunmasterSTP 2 жыл бұрын
I know it's been awhile, but I was just curious. Did you in fact ace your papers?
@tictoc5443
@tictoc5443 5 жыл бұрын
the model assumes that savings are still a factor of investment
@myriadecurieuse
@myriadecurieuse 6 жыл бұрын
Hi! Thank you very much for your work! Your explanations are very clear (especially for people who aren't native from english speaking countries) I have a few remaining question though : How would you explain the difference between Steady State and Stationary State in this model? And what is the Balanced Growth Path? My professor talked about it but I don't understand what it is. Thank you in advance!
@PunmasterSTP
@PunmasterSTP 2 жыл бұрын
Hey I know it's been a long long while, but I just came across your comment and was curious. How did the rest of your econ class go?
@ExcelTutorials1
@ExcelTutorials1 2 жыл бұрын
Very well explained, thank you!!
@aydensalazar953
@aydensalazar953 2 жыл бұрын
Awesome!
@praveenrawat763
@praveenrawat763 6 жыл бұрын
You've been such a great help Alex , Thanks If you could only do a video on - Social and Technological Dualism 😊🙋
@johnsonbag7538
@johnsonbag7538 6 жыл бұрын
praveen rawat don't bother him . Just get out of home and roam around your city you will see live examples of Technological & Social Dualism in India .
@praveenrawat763
@praveenrawat763 6 жыл бұрын
@@johnsonbag7538ya you seem to be his bitch ..why the fuck did you had to get into this .. I think you should get out of your house . You might notice how big a trash are you 😸🙋
@abdinurali5671
@abdinurali5671 9 ай бұрын
Solow said technological progress is what causes economic growth not increasing in capital.
@keolebogilemolefe6097
@keolebogilemolefe6097 6 жыл бұрын
It's very helpful. Thank you
@Samtaztic99
@Samtaztic99 5 жыл бұрын
One of my homework questions is 'Give the function of output per effective worker.' Is this just 'f(K/AN)' ?
@Mr9pc
@Mr9pc 5 жыл бұрын
it's just f(y/N)
@nicklasodgaard8919
@nicklasodgaard8919 4 жыл бұрын
Very good, thanks
@cristinacoslet7962
@cristinacoslet7962 6 жыл бұрын
You are amazing. Thank you so much!
@bluechannel8700
@bluechannel8700 6 жыл бұрын
Brilliant my brother
@janfischer861
@janfischer861 5 жыл бұрын
You should read bedtime stories... enjoyed though
@MrStephenmindo
@MrStephenmindo Ай бұрын
Whats the difference between capital and technology. I feel like noone is explaining this well enough. Even Google search results for technology are synonymous with Capital.
@racespace8067
@racespace8067 3 жыл бұрын
thanks for the help.
@mansisharma1994
@mansisharma1994 5 жыл бұрын
it was really helpful..thanks!💓
@kiashapillay274
@kiashapillay274 6 жыл бұрын
Thank you so much.
@binayaadhikari8852
@binayaadhikari8852 5 жыл бұрын
Subscribed! Thank you!!
@BloggsFrederick
@BloggsFrederick 3 жыл бұрын
Two THOUsand not Two Founsand.
@theallawesomeone14
@theallawesomeone14 5 жыл бұрын
ah thanks man, this really helped :')
@panxobarba5479
@panxobarba5479 Жыл бұрын
god bless you
@lukeallan6486
@lukeallan6486 8 жыл бұрын
brilliant video is this meant for uni level learning cos i dont understand it lol
@NicholasWade-q6u
@NicholasWade-q6u Жыл бұрын
beast
@upomarahman6654
@upomarahman6654 4 жыл бұрын
❤❤❤
@hahahat47
@hahahat47 4 жыл бұрын
thanks it helps
@leannaratanavong3788
@leannaratanavong3788 3 жыл бұрын
Why does he inhale after saying 2006 at 1:11? 😭
@patrickdemenezes4204
@patrickdemenezes4204 2 жыл бұрын
omg thank you so much. I love u. I'm gay now.
@Sk1lled1ol
@Sk1lled1ol 6 жыл бұрын
I love you
@ebookstupid2328
@ebookstupid2328 7 жыл бұрын
haha too slow, sleepy . but thx anyway
@bossanar770
@bossanar770 5 жыл бұрын
Speaking Irritating. Module was prefect.. Try to speak like a gentleman.
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