TAILIEUCHUNG - Lecture Macroeconomics: Lecture 6 - Prof. Dr.Qaisar Abbas

Lecture 6 - Economic Growth 1(A). After completing this unit, you should be able to: Learn the closed economy Solow model, see how a country’s standard of living depends on its saving and population growth rates. | Review of the previous lecture The real interest rate adjusts to equate the demand for and supply of goods and services loanable funds A decrease in national saving causes the interest rate to rise and investment to fall. An increase in investment demand causes the interest rate to rise, but does not affect the equilibrium level of investment if the supply of loanable funds is fixed. Lecture 6 Economic Growth – 1(A) Instructor: Prof. Abbas Lecture Contents Learn the closed economy Solow model See how a country’s standard of living depends on its saving and population growth rates Selected poverty statistics In the poorest one-fifth of all countries, daily caloric intake is 1/3 lower than in the richest fifth the infant mortality rate is 200 per 1000 births, compared to 4 per 1000 births in the richest fifth. source: The Elusive Quest for Growth, by William Easterly. (MIT Press, 2001) selected poverty statistics In Pakistan, 85% of people live on less than .

• Kinh tế học
• Lecture Macroeconomics
• Principles of microeconomics
• Economic models
• Science of macroeconomics
• Tools of microeconomics
• Microeconomic transactions
• Bài giảng Kinh tế vĩ mô
• Kinh tế vĩ mô
• Data of macroeconomics
• Unemployment rate
• Inflation rate
• Natural rate of unemployment
• Consumer price index
• National income
• Agriculture sector
• Agricultural policies
• Economic fluctuations
• Macroeconomic policy
• Business cycle theory