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Chapter 8. Economic Growth, I

Chapter 8. Economic Growth, I. Link to syllabus. Table 8-1 , p. 207. Fig. 8-1 , p. 208. The Production Function. Fig. 8-2 , p. 209. Output, Consumption and Investment. Robert Solow. Born 1924, in Brooklyn N.Y. Harvard B.A. and Ph.D. Taught at MIT

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Chapter 8. Economic Growth, I

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  1. Chapter 8. Economic Growth, I Link to syllabus

  2. Table 8-1, p. 207.

  3. Fig. 8-1, p. 208. The Production Function

  4. Fig. 8-2, p. 209. Output, Consumption and Investment

  5. Robert Solow Born 1924, in Brooklyn N.Y. Harvard B.A. and Ph.D. Taught at MIT Winner John Bates Clark award, 1961 Nobel Prize 1987 Most renowned for his work on economic growth, and linear programming. He also served on the Fed, the CEA. Was in the army in WWII. "Everything reminds Milton Friedman of the money supply. Everything reminds me of sex, but I try to keep it out of my papers."

  6. Fig. 8-3, p. 210. Depreciation.

  7. Fig. 8-4, p. 211. Investment, Depreciation and the Steady State.

  8. Table 8-2, page 213.

  9. Fig.8-5, p. 214 An Increase in the Savings Rate

  10. Fig. 8-6 p. 216. International Evidence

  11. Fig.8-7, p. 218. Steady State Consumption

  12. Fig. 8-8, p. 220. The Saving Rate and the Golden Rule

  13. Table 8-3. P. 221

  14. Fig. 8-9, p. 223. Reducing Saving when Starting with More Capital than the Gold Rule Allows.

  15. Fig. 8-10, p. 224. Increasing Saving when Starting with Less Capital than the Gold Rule Allows.

  16. Fig. 8-11, p. 226. Population Growth in the Solow Model

  17. Fig.8-12, p. 227. The Impact of Population Growth.

  18. Fig. 8-13, p. 228. Evidence on the Impact of Population Growth and Income/Person

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