Sir, you have just saved my academic life. Thank you! Honestly, I have no words to express my gratitude. Thank you very very much. If only my lectures were like you...
LOOOL. When I'm in the exam, all I'm going to think about is the trailer parks attracting more aliens. This will help me remember what I have just learnt! That's a GOOD educational joke! Thank you!
AMAZING! SUMMARIZED THE WHOLE CHAPTER PERFECTLY IN SIMPLER TERMS, try and talk a little louderr or fix the audio for next time cause my voluems and max and its tsill hard to hearr
Thank you very much for posting this; I've been trying to understand the Solow model for my developmental economics class but I just wasn't quite getting it. This made it simple enough for my (non-calculus educated) brain to understand. It was very helpful to me.
the graph isnt the best but the explanation and the coherence of ur words are amazing. I have an exam on Solow´s Model and I have used ur explanation for studying. Thank you so much.
decent job; might be an idea to give the underlying assumptions behind the Solow growth model? i.e. closed economy, technology is exogenous (which would mean that there is no room for R&D as you mention in your video?)
I'm a bit confused thou to the concept of endogenous growth in the Solow model compared to exogenous growth in for instace the Harrod-Domar, maybe a link to a video explaining this?
I"ve been given an assignment in my macro class and i can't find anywhere in my Macro book how to figure out What happens to ∆k/k, k* and y* if there is a change in depreciation rate, d.. I'm suppose to create this in graph form. I have found somethng on Technology, should the graph be a mirror image of Technology graph I found?
YOU ARE THE MAN. God damn i've spent so much time reading boring textbooks. And I watch this one video and I fully understand it! Cheers from New Zealand!
Thanks. I'll work on one for endogenous growth. Someone asked about shifting the savings curve up when the production function shifts up. That's a good point. It should be clearer. The savings curve is just a percentage of output so when production (or output) goes up, the savings curve should shift up too.
Wow... Better explained than my teacher...
chienam10 5 days ago
thanks this is a great summary - and you made me laugh with the trailer park bit hehe
1987jcka 1 week ago
Sir, you have just saved my academic life. Thank you! Honestly, I have no words to express my gratitude. Thank you very very much. If only my lectures were like you...
Harshani666 1 month ago
LOOOL. When I'm in the exam, all I'm going to think about is the trailer parks attracting more aliens. This will help me remember what I have just learnt! That's a GOOD educational joke! Thank you!
laydeezman1 1 month ago
You sir, have just saved me from flunking my Final exam! Great video, love the trailer park joke :D
groam6666 2 months ago
Awesome video, I totally understand now - could you also explain the Harrod Domar model?
... I know Im maybe 1 year too late :p
jodsho 2 months ago
I am always amazed how you effectively communicate an entire third year economic lecture down to 5 minutes.
Why cant my lecturers be more like you!
MrSike64 3 months ago
@MrSike64 Is this stuff third year for you guys??
kobesaa 4 weeks ago
AMAZING! SUMMARIZED THE WHOLE CHAPTER PERFECTLY IN SIMPLER TERMS, try and talk a little louderr or fix the audio for next time cause my voluems and max and its tsill hard to hearr
AustinDuggal 4 months ago
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ltalex 5 months ago
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ltalex 5 months ago
Making economics entertaining - very nice work!
ltalex 5 months ago
Studying for my Macro final and I came across this. Great laugh while I slowly die studying for this at 3AM. Thank you.
AndrewRegal 7 months ago
this is amazing, thank you!
bethslifebeforedeath 8 months ago
Our professor had such a strong accent I couldn't get a thing....that Solow finnaly started to make sense now, thank u!
moonlighthaze 8 months ago
Thank you, helped a lot, subscribed!
Lostrocker 9 months ago
Dude, you sound like John C Reilly
freddiefour 9 months ago
ha ha
I love the way you did explain this!
I wish I had professors like that back in time.
fantastic video!
mutinous10 10 months ago
charming and very helpful, thank you!
mrzipdisk 10 months ago
awesome you are a life saver
patch888 10 months ago
Alien technology would increase production at an increasing rate
phillyctheman 11 months ago
thanks for the explanation
manudofr 1 year ago
"aaand when you get that last unit of capital. fap fap fap fap fap fap." He must really like economics.
forestcamper 1 year ago
Thank you very much for posting this; I've been trying to understand the Solow model for my developmental economics class but I just wasn't quite getting it. This made it simple enough for my (non-calculus educated) brain to understand. It was very helpful to me.
riftsong 1 year ago
the graph isnt the best but the explanation and the coherence of ur words are amazing. I have an exam on Solow´s Model and I have used ur explanation for studying. Thank you so much.
Manueldc 1 year ago
okay, mitch mitchell. HEEEEEENDRIX
poorperson 1 year ago
decent job; might be an idea to give the underlying assumptions behind the Solow growth model? i.e. closed economy, technology is exogenous (which would mean that there is no room for R&D as you mention in your video?)
nabild123 1 year ago
Thanks so much.
TroChr 1 year ago
Thanks, you laid it out really simple and nice.
I'm a bit confused thou to the concept of endogenous growth in the Solow model compared to exogenous growth in for instace the Harrod-Domar, maybe a link to a video explaining this?
Would be very thankfull.
Plihtari 1 year ago
this 5 minute video explained the model better than the 30 minute lecture by my teacher, thank you!
Zook025 1 year ago
LOL! You're freaking awesome man! I loved the Alien comment! Haha!!
uqbe 1 year ago
I"ve been given an assignment in my macro class and i can't find anywhere in my Macro book how to figure out What happens to ∆k/k, k* and y* if there is a change in depreciation rate, d.. I'm suppose to create this in graph form. I have found somethng on Technology, should the graph be a mirror image of Technology graph I found?
regopark1 1 year ago
Really enjoyed the video and should help with my upcoming Macro final. Cheers from UCSB
toryt7 1 year ago
YOU ARE THE MAN. God damn i've spent so much time reading boring textbooks. And I watch this one video and I fully understand it! Cheers from New Zealand!
lukep88 1 year ago
Thanks. I'll work on one for endogenous growth. Someone asked about shifting the savings curve up when the production function shifts up. That's a good point. It should be clearer. The savings curve is just a percentage of output so when production (or output) goes up, the savings curve should shift up too.
Econmitchell 1 year ago 2
@Econmitchell im waiting for your next video...but it seems impossible to watch it before my finals so far..
iLuvONG 9 months ago
This has been flagged as spam show
Good video, but when the production functions shifts upwards due to improved technology, will not the savings function also move upwards?
SuccessNOR123 1 year ago
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SuccessNOR123 1 year ago
this is awesome, i like that it paints a vivd picture in the mind!
s0348953 1 year ago
Thank you, this has helped me quite a bit
superhuegi 1 year ago