Consumption Smoothing and Risk Aversion | Macro Struggle

Macro Struggle | Consumption Smoothing:
In this video I generalize the result of Perfect Consumption Smoothing we saw in ADE Solve Part I to strictly concave utility functions. This also pertains to several microeconomic problems as well.
Timestamps:
0:00 - Intro
1:00 - Review of ADE Euler Equation
1:55 - Graphical Explanation
4:45 - Other Ways to Remember Consumption Smoothing