Key concepts and Graphs
Concepts: Ingredients of economic growth, production possibilities analysis, growth in the AD/AS model, long and short run analysis, labor and productivity, technological advance
Graphs: Production possibilities curve
Aggregate demand/aggregate supply model
Key Words and Terms
Terms: Economic growth, labor productivity, labor force participation rate, human capital, economies of scale, infrastructure, efficiency.
- Investment in human capital
- Investment in physical capital
- Research and development, and technological development
- Growth policy
Key concepts and Graphs
Concepts: Ingredients of economic growth, production possibilities analysis, growth in the AD/AS model, long and short run analysis, labor and productivity, technological advance
Graphs: Production possibilities curve
Aggregate demand/aggregate supply model
Key Words and Terms
Terms: Economic growth, labor productivity, labor force participation rate, human capital, economies of scale, infrastructure, efficiency.
Lectures
Module 37: long_run_economic_growth.pptx Module 38: productivity_and_growth.pptx Module 39: growth_policy.pptx Module 40: effects_of_economic_growth.pptx |