The first volume of the monograph Lectures on economic growth contains mainly analyzes based on neoclassical models of economic growth. The models discussed are (due to the analytical tools used) mathematical models of economic growth.
The first chapter characterizes the concept of the macroeconomic, neoclassical production function and examines the mathematical and economic properties of this production function. The second chapter contains the assumptions of Solow's neoclassical growth model and its solution. These analyzes are carried out both in the Solow model with a general, neoclassical production function and its special cases (i.e. Cobb-Douglas and CES production functions). This chapter also sets out Phelps's golden rules for capital accumulation. In the third chapter, analogous analyzes (to those in the second chapter) are carried out based on the two-capital Mankiw-Romer-Weil model, and in the fourth chapter - the
About Authors
Katarzyna Filipowicz - PhD in economics, assistant professor at the Department of Mathematical Economics of the Jagiellonian University
Adam Krawiec – Prof. UJ, dr hab. of economics, associate professor at the Department of Mathematical Economics of the Jagiellonian University Tomasz Tokarski– Prof. dr hab. of economics, head of the Department of Mathematical Economics of the Jagiellonian University
LanguagePolish
Title in EnglishLectures on the economic growth theory. Vol. 1