화곡동 2

Oromo

• Speaker 1 0:00
• Speaker 2 6:22
• Speaker 3 41:02
• Speaker 4 40:22

1. 0:00

   CHAPTER 1: future. So that every year demand becomes less. 298s · Speaker 1

   future. So that every year demand becomes less. When you are not consuming, demand goes down or not? Why you are not consuming? You are holding some money. For what? Future profit. It happens or not? Nowadays also we hold money or not? Hold…

2. 5:00

   CHAPTER 2: Now in Harrod and Drummond equation represents what? 79s · Speaker 1

   Now in Harrod and Drummond equation represents what? Saving rate, spending rate, supply rate, subsidy rate. Saving rate. The growth rate is highly depends on saving rate. Direct relations. Direct relations. Since capital output ratio is wha…

3. 6:22

   CHAPTER 3: This is very easy. 346s · Speaker 2

   This is very easy. And even we know that capital output ratio is what? How much unit of capital is required to produce one output? So if the capital source, like 4 is to 1 is what? 4 unit capital is required to produce one unit of market. S…

4. 12:09

   CHAPTER 4: But if you talk, they say that technology determines what? 125s · Speaker 1

   But if you talk, they say that technology determines what? Long term growth. Is that it? Slow growth model also accepted that what? Technological growth determines what? Long term growth. But they say this is the external factor, not the do…

5. 14:18

   CHAPTER 5: This is very difficult for you. 318s · Speaker 2

   This is very difficult for you. Without learning these kinds of thermos, you cannot enhance your... So if you really want to study, you have to learn. No other choice. So, simply, here A represents what? Technology. That is the V. Technolog…

6. 19:43

   CHAPTER 6: Rational means you try to generate more output here in economics. 316s · Speaker 2

   Rational means you try to generate more output here in economics. You try to generate more output by using less as inputs. That is rational efficiency. Isn't it? So, if you talk about endogenous growth theories, the growth in capital has in…

7. 25:00

   CHAPTER 7: So Roman focus on what? 288s · Speaker 1

   So Roman focus on what? Research and development. Lucas start from what? Yell. Focus on labor. Means what? Human capital. Lucas Yell. Yell means what? Labor. Focus on what? Human capital. Investment on education. Okay? Arrows talk about lea…

8. 29:55

   CHAPTER 8: Endogenous blood protein cannot be override. 304s · Speaker 2

   Endogenous blood protein cannot be override. already avoided. Isn't it? Diminishing return is already avoided. This is why. In physical returns, endogenous growth models, they avoid the what? Diminishing returns, because it is not only the …

9. 35:00

   CHAPTER 9: In graduate class like this. 271s · Speaker 1

   In graduate class like this. Never. Never. Because professor knows. By giving knowledge, no one becomes knowledgeable. Until and unless they try to what? Learn by himself. They never talk. But they talk what? Higher growth model, slow growt…

10. 39:37

    CHAPTER 10: So these are the. 84s · Speaker 2

    So these are the... Any questions? The point that you want to discuss more? Any questions? No? Do you want us to discuss some of the questions? We are very near to you with them. I don't know how much you learn. Learning is only possible un…

11. 41:02

    CHAPTER 11: You never get anything from others. 89s · Speaker 3

    You never get anything from others. Okay. The maximum sustainable growth based on the labor supply is called natural growth rate. The slow growth model was introduced by robot flow. The slow production functions y is equal to f, k, l. f, k,…

12. 42:48

    CHAPTER 12: The slow model predicts convergence hypothesis for poorer countries. 112s · Speaker 2

    The slow model predicts convergence hypothesis for poorer countries. Convergence means having less unit of capital per person. So that efficiency is high. Convergence theory states that the poorer country has more probability for the speedy…