EuroInt, Lecture #2: Economic Integration through Economic Growth
Overview:
• Review of last lecture
• Basic theory of economic growth: The Solow Model
• The 2% Convergence Rule
• Application to regional integration:
– USA, Japan, Western Europe
– Germany after 1990
• Limitations of Solow Model
by Prof. Burda
#macroeconomics #europe #integration #growth #solow #steadystate
further helpful content:
Macroeconomics I: / watchv=g4gv3vy1idg&list=pljzlw3ik4xiz6jd1i...
Macroeconomics II:
/ watchv=aozq9gdiopw&list=pljzlw3ik4xiwwiq6p...
MacroNotes:
• MacroNotes - 1. Introduction