Solow Growth Model | Part 1 | Model Intro & Solution | Intermediate Macroeconomics

In this video, I introduce a baseline version of the Solow growth model. The baseline model does not account for population growth or technological progress.
Chapters
0:00 - Introduction and Rambling
1:17 - Equations of the Solow Model
5:19 - Per Capita Variables and Equations (Useful!)
9:34 - Solution to the model
13:02 - Matlab Simulation
There are four primary equations for this version of the Solow model: the production function, capital accumulation, the resource constraint, and resource allocation (investment equals savings). I explain these equations in detail, then I rewrite them in per capita form. Writing the Solow model in per capita terms is useful, especially once population growth is introduced into the model.
The solution is a path for the endogenous variables of the model. I also present a numerical solution to the model using Matlab. Feel free to replicate my code and try it yourself.

[@Astinomikos_Diefthintis_Delis]

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

[@gbmsg282]

Best explanation I've seen so far! Thanks!

[@foxstudiofans1811]

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.

[@alliediallo1945]

Thank you, this was great!

[@skylancerv3877]

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.

[@callummiller5886]

Great video, it definitely helped me a lot

[@trinityjohnson5226]

This is a great video! Perfect for prepping for my exam tomorrow :)

[@econhelper]

I'm glad it was helpful. Good luck on your exam!

[@user-ov2rc4pw4t]

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

[@nyashadzashechayambuka5000]

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

[@sahilshakeel6884]

helpful

[@freddiemcdonald5333]

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

[@XAUGEEK]

Cant see anything in the mathlab simulation

[@rawkozz8860]

Bless

[@jackienguyen4829]

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

[@aminachadi9924]

اريد هذا الفيديو بالعربي

[@grumpyroger3025]

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

[@leog6258]

same

[@anthonymumba3681]

Can't see anything

[@nyashadzashechayambuka5000]

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