« The Laffer Curve | Main | The Simple Keynesian Model »
September 18, 2007
Growth Theory
For one lecture, we relaxed our assumption that the capital stock is fixed and considered growth models.
I did not explain this diagram:
This diagram is not in the book, but it is a standard way of finding the equilibrium growth path. (I added a "k" to clarify a couple of these diagrams.)
Posted by bparke at September 18, 2007 09:44 PM