Natural Logs in Economics: Growth Rates, Percentage Changes, Continuous Compounding

This video explains the natural log and its use in approximating percentage changes.

[tomasnobrega]

Thank you very much!

The proof for the annual growth rate @6:35:

-- original formula for growth rate

You explained it all, just putting it together

[GoodEvenings]

This is exactly what I was looking for.

[UsedToothpick]

Thank you for this video! I haven't found a better explanation anywhere else!

[ssaha]

Helpful for analysis of growth rates in economic studies

[radhikabala]

Thank you very much for making the concept clear

[AAA]

Great, exactly what I was hoping to see! thanks

[santanaaji]

I have a question,

How about I have percentage data, let's say employment rate. For example I have annual employment rate of 95%. How do I transform it? Just log(0.95) or needs some adjustments?

[jsbonhomme]

What should i do if i have many periods? I have to calculate the growth rate of a period of 10 years.

[peterbuchanan]

A whole lotta axes flying around this video, is it a minnesota accent?