Macroeconomic growth models
The study of the determinants of economic growth is an important field of macroeconomic theory. It has many mathematical models which will be transformed into code here.
The models can grossly be divided into two categories: Exogeneous growth and Endogenous growth.
Parameters:
- s = savings
- d = depreciation rate
- n = rate of population growth
- g = rate of technological progress
Parameters:
- s = savings
- d = depreciation rate
- A = technologial coeficient