Solow Growth Model 1: Introduction

[@ZoeReed-l5l]

Thank you for all of these videos. You explain things more clearly than my lecturer.

[@suindude8149]

In Solow growth model we emphasize on the Cobb Douglas production model.
As it fosters growth thus there will be a growth factor in Solow growth.
As the capital grows statistical view says Solow growth stagnates.There are three types of growth one is actual growth,natural growth and another is warranted growth.Actually statistically these three growth are equal in nature.The marginal propensity to consume is higher hence,the Solow growth retadates.