Theories of Economic Growth (Endogenous) Part 1

In this video, we explore the theory of endogenous growth, which was developed by Nobel Prize-winning economist Paul Romer. We break down the key elements of the theory and explain how it differs from earlier theories of economic growth. We also explore Romer's emphasis on the role of innovation and technological change in driving economic growth. This video offers a clear and concise overview of the theory of endogenous growth and its relevance for modern economic thinking. Whether you're a student of economics or simply interested in understanding the key drivers of economic growth, this video is a must-watch.