Solow Growth Model Part II: How to Solve for Steady State

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  1. Economics in Many Lessons
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This is a very good video. Everyone just remember when it's 2.5 = k/k^0.5. Remember your simplifying rule: a^m / a^n = a^m-n. So it'll be 2.5 = k^1-0.5 = 2.5 = k^0.5. Then it'll be, 0.5sqrt(2.5) = k.

vdim
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Beautifully and logically explained! Thanks a ton!

yagoubalmohsin
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what if you have 1/3 2/3 as exponent that you cannot cancel it out? how do you get k^0.5 the first place

ytljjcfwly
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Waoooo so many many important and concept clearing
Thanks a lot Sir 🙏

SureshKumar-mhyn
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Hi, how would we calculate the optimal output (without per worker)? What would happen to L in production function as there is no L (per worker component) to cancel out the L?

TheSarazaini