i be paying all that fkn money in college just to understand nothing and eventually come here and study with these nice guys. well, when i graduate, I will have a whole letter saved for youtube professors. we love and appreciate you so much
Big THANK YOU from Germany. You explained it SO well. I could understand it a bit in my university class, but I got confused often. With this video, it is much more understandable! bless
I LOVE YOU GUYS SO MUCH. YOU ARE THE BEST. I'M LITERALLY JUST A DEPRESSED STUDENT TRYING TO LEARN TOPICS FOR THE EXAM BUT YOU MAKE EVERYTHING BETTER AND ACTUALLY MAKE ME WANT TO LEARN MORE NOT JUST FOR THE EXAM BUT JUST FOR THE SAKE OF LEARNING. I LOVE YOU GUYS SOOOOO MUCH
That was really good, very entertaining and informative video. I've been struggling with understanding the Solow model, and I've got my final tomorrow. I'm pretty sure that finding this video has saved me some points! Thanks.
Thank you very much for this fantastic explanation of the Solow growth model. I have always struggled with growth models, and this is the best explanation. Thank you again!
Thank you! Advanced macroeconomics is my last course before getting my master's. I feel completely clueless after two years of studying journalism, these videos are really helping me get back into it.
@@RebeccaEd That’s really cool! To clarify, are you interested in misinformation research as it pertains to assistance dogs, or misinformation research in general? Either way I think that’s neat. I do a fair amount of tutoring in different subjects online, and I try to read up on related material. Two of my subjects are intermediate micro and macro, and I came across some questions on the Solow model recently. So I found myself here…
i paid 9k to try understand this at uni i’ve been to 3 2 hour lectures and 2 1 hour tutorials and i SWEAR TO GOD i’ve been clueless until i stumbled on this 7 minute video.
Very good and easy explanation. But I missed one part. After watching your video, one might think that saving more can lead to an infinite increase of output. You have to mention consumption on the other hand. So, a higher saving rate increases output, but only a smaller portion of this higher output is consumed.
I would argue that's implicit my friend Igor. He did mention in the beginning at 1:05 Consumption and Savings being the only two possible consequences of created Output. Plus, saving more (investing) could never lead to an infinite increase of Output. This is easily seen if in an hypothetical scenario, you attribute all Output to Savings. It would indeed increase the output level until a new steady point where the depreciation curve meets the original output curve y=√K. Thus, my point being, that Output could never be infinite: You would end up with a higher level of output on a new steady state of Output which would curiously be the steady state of Capital too :D of course, this non-consumption scenario would be completely unrealistic!
No matter how hard you try, you can't simply keep saving until the day the universe blows up. Even if you disregard all your non-essential needs (which would curb the growth in its own right anyway), at some point you will have to direct at least some portion of revenue into immediate consumption rather than future investment.
Thank you so much! It was really useful. I like that description with all the useful links, but could you also make links for previous lessons? That would be great.
U great people,,, this vedio open my mind and i understand... i appreciate u alot,,, and your teaching method is soo good... i think not good its excellent,,,, i learn more things of it
I've never seen macroeconomic models being brought to life and thus made as understandable as it's done here. Thank you for all the work!
Brought to life ??? This model has nothing to do with real life, such as all neoclassical economics
i be paying all that fkn money in college just to understand nothing and eventually come here and study with these nice guys. well, when i graduate, I will have a whole letter saved for youtube professors. we love and appreciate you so much
Big THANK YOU from Germany. You explained it SO well. I could understand it a bit in my university class, but I got confused often. With this video, it is much more understandable! bless
I always fall asleep studying Economics or when Economics is being taught but you SIR, explain it amazingly well. I AM GLAD!
your animation team rocks!!!
Thank you!
-Roman
The way you all illustrate this model is brilliant. Thank you so much for doing this!
The actual calculus for the Solow model is quite simple and quite beautiful. One of the reasons I love economics.
You guys made the concept so much easier to understand, my macro econ prof can't relate... Thanks so much!
Hey how'd the rest of your econ class go?
I love this, the sheer simplicity and expression to explain complex ideas.
I LOVE YOU GUYS SO MUCH. YOU ARE THE BEST. I'M LITERALLY JUST A DEPRESSED STUDENT TRYING TO LEARN TOPICS FOR THE EXAM BUT YOU MAKE EVERYTHING BETTER AND ACTUALLY MAKE ME WANT TO LEARN MORE NOT JUST FOR THE EXAM BUT JUST FOR THE SAKE OF LEARNING. I LOVE YOU GUYS SOOOOO MUCH
best explanation channel I have seen so far and not only inn contex of macro but everything
the quarantine brought me here since my professor doesn't want to do Zoom or upload lectures
Jungbae Eriel fun fact, mine is still expecting an essay on this without having taught it to us.
Ugh same got assignment about Solow model. But I got to tell, its really interesting.
I love this wonderful story
That was really good, very entertaining and informative video. I've been struggling with understanding the Solow model, and I've got my final tomorrow. I'm pretty sure that finding this video has saved me some points! Thanks.
I know this was years ago, but I just came across your comment and was curious. How did your final go?
Can we all take a moment to appreciate the amazing graphics
i've got my macro test tomorrow, wish me luck guys!!!
Good luck, Angela! You'll ace it. :) -Meg
same here
what did you get on ur test?
angelasings24 what did you get on it?
Hey. How'd it go?
Thank You ❤
really helpful... it's so easy to understand all those things. how easily you explain all the key things... thank you...
Thank you very much for this fantastic explanation of the Solow growth model. I have always struggled with growth models, and this is the best explanation. Thank you again!
such cute sounds, it's really fun to watch!!
Test tomorrow, your vids really help a lot, thank you!
I am about to take my last economics exam and university and have only just found this channel!! its so useful thanks so much!
Good luck!
-Roman
Thank god for this video. It's so clear now!
Spuriously so.
Nicely explained.
Exceptional videos! Can't stop viewing them one after one. Helped me in grasping these concepts. Thanks Professors!
You have no idea how helpful this was
did not have any idea but watching this video, I already feel like a pro
dude, my words cant describe how happy I am to find ur videos
Thank you! Advanced macroeconomics is my last course before getting my master's. I feel completely clueless after two years of studying journalism, these videos are really helping me get back into it.
Hey I know this was years ago, but how did the rest of your master's go?
@@PunmasterSTP Actually I got a 5/5 on that last course after a lot of work and then I graduated.
@@RebeccaEd I'm really glad to hear that! Btw, are you working in journalism now?
@@PunmasterSTP I'm studying animal training now. Mainly assistance dogs. Interested in misinformation research. What are you up to?
@@RebeccaEd That’s really cool! To clarify, are you interested in misinformation research as it pertains to assistance dogs, or misinformation research in general? Either way I think that’s neat.
I do a fair amount of tutoring in different subjects online, and I try to read up on related material. Two of my subjects are intermediate micro and macro, and I came across some questions on the Solow model recently. So I found myself here…
Great videos and explanations! I wish macro were this interesting and easy to understand in school.
thank you so much professors
cant believe that there is such a good explanation like this
SUCH A GREAT PROFESSOR, ANIMATION, EXPLANATION, EVERYTHING!!! MANY THANKS! PLEASE KEEP DOING IT! :)
Great video, just saw this video after reading Blanchard's macroeconomics and it complements perfectly.
Thanks for this great explanation, better than the book
Could've shown a 5 year old this and he would've understood this model. Great video!
i paid 9k to try understand this at uni i’ve been to 3 2 hour lectures and 2 1 hour tutorials and i SWEAR TO GOD i’ve been clueless until i stumbled on this 7 minute video.
thank you thank you thank you !!!! saved me so much time, visual understanding is the best
amazing work!
God! My book is really nothing compared to this animation video. Thanks. Keep growing.
Steady state? More like "Stupendous and great!" Thanks for putting together a collection of such high-quality videos.
Glad you enjoyed it!
Very good and easy explanation. But I missed one part. After watching your video, one might think that saving more can lead to an infinite increase of output. You have to mention consumption on the other hand. So, a higher saving rate increases output, but only a smaller portion of this higher output is consumed.
I would argue that's implicit my friend Igor. He did mention in the beginning at 1:05 Consumption and Savings being the only two possible consequences of created Output. Plus, saving more (investing) could never lead to an infinite increase of Output. This is easily seen if in an hypothetical scenario, you attribute all Output to Savings. It would indeed increase the output level until a new steady point where the depreciation curve meets the original output curve y=√K. Thus, my point being, that Output could never be infinite: You would end up with a higher level of output on a new steady state of Output which would curiously be the steady state of Capital too :D of course, this non-consumption scenario would be completely unrealistic!
No matter how hard you try, you can't simply keep saving until the day the universe blows up. Even if you disregard all your non-essential needs (which would curb the growth in its own right anyway), at some point you will have to direct at least some portion of revenue into immediate consumption rather than future investment.
awesome series.. i have completed one... learned alot.. thanks
And some of it no doubt is true.
This explanation is so great! It really helped me! Thank you so much!
Nicely explained
thank you very much for the excellent videos. they made my concept clear, and this even better than attending my degree class
I was just curious; how'd the rest of your class go?
easy, fast and very understandable, keep up the good work!
This is so helpful! Thank you!
awesome explanation and visualization. thanks a lot it will surely help me
This is incredibly helpful. Thank you so much!
Thank you so much! It was really useful. I like that description with all the useful links, but could you also make links for previous lessons? That would be great.
Thank you for all your posts! :)
But your explanations and animation are just great!🙏🏻
You guys rock every video is awesome and I love it ! Great Job Guys
this the best explanation ever
This video helped me understanding the concept so well
Great video, the animations and explanations really help :)
The video editing is lit🔥🔥🔥
amazing explanation to such a tricky topic in economics!
Such a great video and explanation!
U great people,,, this vedio open my mind and i understand... i appreciate u alot,,, and your teaching method is soo good... i think not good its excellent,,,, i learn more things of it
Thank you - keep going!
Roman
Thank you very much :) your videos are really good! Much appreciated :)
FANTASTIC!
you just helped me write my whole assignment.. thank you
Thanks Sir !! You do Great job
Great, thank you!
Beautiful video, subscribed!
great video. thank you very much!
I was trying to find a video explaining the Steady State theory for astrophysics... ended up watching an economics video lol
You guys are amazing. please upload Ramsey cass kopman model, Diamond models, DSG models etc.
excellent explanation
damn this is so high-quality content
Thank you so much for this video you guys are awesome
this video very helpful, thanks sir
thank you soooo much!!! you are just great! explanation is so easy!!
Amazing! Steady state is key :-)
Thank you so much! You explain so good :D
Thank you sir. Understood clearly
This is the first time I've understood how 'investment' actually works in this model.
Amazing video!!! Super helpful =)
Excelent video
LOVE U GUYS U R THE BEST
thank you bestie this helped sooo much
amazing video!
Very helpful. thanks
thanks, you cleared my doubts.
This is AWESOME thankyou heaps!!!
this video is really helpful！
Sir you are awesome ... Love from Pakistan ❤️
lemme just say that you explained this so much better than my proff its disgusting.
This is so useful.. thank you!
really wonderful
Amazing!
This is an excellent explanation. Thaankk youuu sirr
you people are good!
amazing thank you!
Im watching this video while writing my test as an example for my explanation 😅
Thank you for the video! It helps a lot:)
thank you!
i love your channel. please keep posting. i subsribed and liked