Added: 1 year ago
From: Econmitchell
Views: 22,573
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  • Wow... Better explained than my teacher...

  • thanks this is a great summary - and you made me laugh with the trailer park bit hehe

  • 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!

  • You sir, have just saved me from flunking my Final exam! Great video, love the trailer park joke :D

  • Awesome video, I totally understand now - could you also explain the Harrod Domar model?

    ... I know Im maybe 1 year too late :p

  • 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 Is this stuff third year for you guys??

  • 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

  • Comment removed

  • Making economics entertaining - very nice work!

  • Studying for my Macro final and I came across this. Great laugh while I slowly die studying for this at 3AM. Thank you.

  • this is amazing, thank you!

  • Our professor had such a strong accent I couldn't get a thing....that Solow finnaly started to make sense now, thank u!

  • Thank you, helped a lot, subscribed!

  • Dude, you sound like John C Reilly

  • ha ha

    I love the way you did explain this!

    I wish I had professors like that back in time.

    fantastic video!

  • charming and very helpful, thank you!

  • awesome you are a life saver

  • Alien technology would increase production at an increasing rate

  • thanks for the explanation

  • "aaand when you get that last unit of capital. fap fap fap fap fap fap." He must really like economics.

  • 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.

  • okay, mitch mitchell. HEEEEEENDRIX

  • 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?)

  • Thanks so much.

  • 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.

  • this 5 minute video explained the model better than the 30 minute lecture by my teacher, thank you!

  • LOL! You're freaking awesome man! I loved the Alien comment! Haha!!

  • 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?

  • Really enjoyed the video and should help with my upcoming Macro final. Cheers from UCSB

  • 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.

  • @Econmitchell im waiting for your next video...but it seems impossible to watch it before my finals so far..

  • Comment removed

  • this is awesome, i like that it paints a vivd picture in the mind!

  • Thank you, this has helped me quite a bit

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