Essays on Branches of Economics

On The Relevance Of Human Capital: An Analysis Of The Mankiw, Romer, And Weil Mode

Introduction Proposed more than sixty years ago, the Solow Growth Model still constitutes a solid theoretical base for economic growth discussions. Solow’s capital accumulation-based model has been augmented together with other factors of productivity by several economists in the last fifty years. In line with that, Mankiw, Romer, and Weil (MRW) constructed their growth model...
1624 Words 4 Pages

Analysis Of Macroeconomics And Construction

Introduction Macroeconomics is the study of the economy as a whole, and the variables that control the macro-economy (Chapter 10 Macroeconomic Variables, n.d.). Macroeconomics can be classified as a public good, as it has the unique characteristic of being non-divisible and nonexclusive, meaning it can be shared with all in order to be enjoyed (Chapter...
1978 Words 4 Pages
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