Determine the harrod-domar model, Microeconomics

Assignment Help:

What barriers to economic growth can be explained using the Harrod-Domar model?

Definition and outline of the Harrod-Domar model; growth in national income = savings ratio over the capital output ratio. This is put as g = s / k. Define the implication of the model and then outline various impediments to its execution in real life in developing countries. Note that the question necessarily leads to a degree of spin-off in that the basis of the Harrod-Domar equation gives a starting point for discussion of limits to its viability.

 


Related Discussions:- Determine the harrod-domar model

SAC and LAC, What is the explanation for SAC to be tangent to LAC?(In other...

What is the explanation for SAC to be tangent to LAC?(In other words, why must both be tangent to each other)?

Opportunity cost, define opportunity cost and how it is useful in manageria...

define opportunity cost and how it is useful in managerial decision making?

Production vs cost - resource flow, With current technology, suppose a firm...

With current technology, suppose a firm is producing 400 loaves of bread daily. Assume that the least cost combination of resources in producing those loaves is $180 ( 5 units of

Affect the size of the price elasticity of demand, Problem: i) What mig...

Problem: i) What might be the possible causes of inflation according to economic theory? ii) Taking stable prices and full employment as two macroeconomic objectives of gov

Growth rate, how to calculate growth rate in closed economy

how to calculate growth rate in closed economy

What is the major function of commercial banks?, They take deposits which m...

They take deposits which mean borrow money and make loans which means lend money. The interest rate they pay on the deposits is less than the interest rate they charge on their loa

Subject matter of economics, Ask factor affects elasticity of demandquestio...

Ask factor affects elasticity of demandquestion #Minimum 100 words accepted#

Determine the is this agent maximizing is utility, 1. Suppose the wage rate...

1. Suppose the wage rate is w = 1. An agent is working 6 hours per day and consumes 5 units of goods per day. Suppose that the agent claims to be indifferent between his current

Axioms of consumer preference, determine if completeness and transitivity a...

determine if completeness and transitivity are satisfied for the following preferences defined on x=(x1,x2)and y=(y1,y2);if x>y or x=y and x2>y2,if for min{x1,x2}

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd