Slide 1Economic Growth II: The Solow Model and Beyond Gavin Cameron Lady Margaret Hall Hilary Term 2004 Slide 2 the Solow model and beyond The last lecture introduced the…

Slide 1 Introduction to Gross Domestic Product Slide 2 Learning Objectives Define gross domestic product and explain how it is measured using the expenditure approach. Explain…

Slide 1 1 of 20 © 2012 Pearson Education, Inc. Publishing as Prentice Hall PART IV Further Macroeconomics Issues Prepared by: Fernando Quijano & Shelly Tefft CASE FAIR…

Slide 1 UBEA 1013: ECONOMICS 1 CHAPTER 8: INTRODUCTION TO MACROECONOMICS 8.1 Introduction 8.2 Concern of Macroeconomics 8.3 Government policy 8.4 Economics school of Thought…

Slide 1 The logarithmic scale on the vertical axis allows for the same proportional increase in a variable to be represented by the same distance. Growth: the steady increase…

Slide 1 The Unsustainable New Economy Boom and its Lessons for the next Economic Expansion Robert J. Gordon Stanley G. Harris Professor in the Social Sciences, Northwestern…

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Slide 1 Explaining modern growth It’s human capital…. Slide 2 Some figures Last millennium:  World population growth = 22-fold  Income per capita growth = 13-fold…

Slide 1 Technological Progress Chapter 6 Slide 2 Students should be expected to: Use the rule of 70 to calculate how fast a variable doubles. Use the Cobb-Douglas production…

Slide 1 Comments for Policy Session Robert J. Gordon, Northwestern University, NBER, CEPR AEA Meetings, January 5, 2013 Slide 2 Main Themes: Dealing with Slow Growth The…