i understand that higher saings leads to higher investment which leads to higher capital stock which leads to higher output (economic growth/GDP), however i dont understand how the higher income part is part of harrod domars model
If your income is higher, you can save more money (there is only a certain amount of money you need for clothing or food). This extra money can be saved and therefore be used to invest it.
evening sir thank you so much for the explanations. however am lost with this question below how do i go about it (The rate of growth of a hypothetical country “Casino Island” is given as 3%. If the country decides to adopt Harrod - Domar`s model of growth in order to increase its GDP, given that its capital stock and output for the current year is at 15% and 5% respectively, calculate the expected rate of growth if the rate of saving is also expected to grow from 9% to 15%. While the capital stock and output remains constant).
Hello im Jaky from Argentina. i wanted Know if you teacher, can have translate to spanish please?. Because in my university i dont lerning very well. I have a bad teacher. Please you can?
Yes, we love private school teachers offering their expertise on TH-cam, for a moderate income through ad revenue :) Thank you for the video, explained well! Great use of time? Am I being efficient? Capital output ratio!!!
Another issue with this model is its linearility. Of course an upcoming enterpreneur with no family with devote each penny to expand his savings but at some point he will become satisfied with however much he makes and stop holding himself from enjoying an expensive vacation once in a while. And guys like this will represent an overwhelming majority of business owners in any country so the eternal growth thing is an illusion.
Hello Mark. I'm a economics student from Brazil. In this weekend I have to write an article about some growth models and how they would work here in Brazil. Harrod Domar is one of these models and therefore I was reading some stuff from Todaro about this model and looking for videos. When I saw your video of only five minutes I thought "5 minutes really man?" Well, I was wrong, your explanation was very good indeed. Thanks
great video! clear and comprehensive -- perhaps go more into depth on the model? my economic development course requires more in-depth analysis of the model
i understand that higher saings leads to higher investment which leads to higher capital stock which leads to higher output (economic growth/GDP), however i dont understand how the higher income part is part of harrod domars model
If your income is higher, you can save more money (there is only a certain amount of money you need for clothing or food). This extra money can be saved and therefore be used to invest it.
Check dr p c verma economists channel on.youtube
perfect explanation. Thanks!
evening sir thank you so much for the explanations. however am lost with this question below how do i go about it (The rate of growth of a hypothetical country “Casino Island” is given as 3%. If the country decides to adopt
Harrod - Domar`s model of growth in order to increase its GDP, given that its capital stock and output for
the current year is at 15% and 5% respectively, calculate the expected rate of growth if the rate of saving is
also expected to grow from 9% to 15%. While the capital stock and output remains constant).
When whole the economy is in equilibrium income will equal expenditure. See my video on the circular flow of income.
Thank you.
Thank you good sire
Regards from Malawi sir
I didnt understood anything man
good lad
thank you so much you have a way of making it easier for some of us to understand
Kais pagi makan pagi, kais petang makan petang.
Evsey Domar is an economist.
Thank you so much sir!
Wow he made it damn simple.
Lovely!! I have watched so many video s didn't understand at all.
So well explained oh my god
Thanks a lot. 😄😄
really helpful ,love from india
Nel 2017 esistevano già metodi di ripresa più efficaci zio
My intelligence grew via the Harrod Domar Growth Model after watching this video.
That was so simple to understand. I spent 45min trying to understand this from my textbook. Here it took 5
Wow.....such an interesting explanation. Thank you so much for the video. It helps me a lot understanding this model.
Glad it was helpful!
simple, concise and effective explanation... thanks (Y)
Thank you this is really helpful! You explained it so clearly
This was very well-presented and easy to understand. Thank you!
very nicely explained. love from Turkey.
Thank you so much sir!
Extremely helpful:)
Awesome explanation... But ur voice is low..
good basic knowledge of the model. thanks sir.
Well, its an excellent way to brief about it, Bravo.
Thank you, sir!
How to calculate capital output
Thanks
so simple and straighat forwad
Thank you !!
Thanks a lot sir. From India 🙏
Hello im Jaky from Argentina. i wanted Know if you teacher, can have translate to spanish please?. Because in my university i dont lerning very well. I have a bad teacher. Please you can?
Sir Plz concept of growth topic upload plz sir
Thankew sir
Very clear explanation.Thank you sir.
this guy made it look so easy, my teacher literally took hours and left us confused.
True...
that's what they're there to do..
same bruh
Yes, we love private school teachers offering their expertise on TH-cam, for a moderate income through ad revenue :)
Thank you for the video, explained well! Great use of time? Am I being efficient? Capital output ratio!!!
Check dr p c verma economists you tube channel
Very straightfoward and easy to comprehend. SUBSCRIBED!
Another issue with this model is its linearility. Of course an upcoming enterpreneur with no family with devote each penny to expand his savings but at some point he will become satisfied with however much he makes and stop holding himself from enjoying an expensive vacation once in a while. And guys like this will represent an overwhelming majority of business owners in any country so the eternal growth thing is an illusion.
Thanks for the straightforward explanation. My professor is very knowledgeable but poor at making the material understandable.
Can you explain why the increase in economic output increases incomes?
Regards from India sir :)
Your explanations are good
Hello Mark. I'm a economics student from Brazil. In this weekend I have to write an article about some growth models and how they would work here in Brazil. Harrod Domar is one of these models and therefore I was reading some stuff from Todaro about this model and looking for videos. When I saw your video of only five minutes I thought "5 minutes really man?"
Well, I was wrong, your explanation was very good indeed.
Thanks
Check dr p c verma economists channel on.youtube
thank you for this video! :)
great video! clear and comprehensive -- perhaps go more into depth on the model? my economic development course requires more in-depth analysis of the model
Check dr p c verma economists channel on.youtube