Golden Rule of Economic Growth | Macroeconomics | Edmund Phelps |Maximizing Long-Term Consumption скачать в хорошем качестве

Golden Rule of Economic Growth | Macroeconomics | Edmund Phelps |Maximizing Long-Term Consumption

Explore the concept of the Golden Rule of Economic Growth, introduced by Edmund Phelps and widely discussed in the Solow Growth Model. This video explains how the optimal savings rate can maximize long-term consumption per worker — balancing present enjoyment with future prosperity. 📌 What You'll Learn: ✅What is the Golden Rule of Economic Growth? ✅Why saving too much or too little can hurt the economy ✅Strengths and limitations of the rule ✅How policymakers can use it as a guideline Ideal for students of economics, UPSC aspirants, and anyone curious about macroeconomic planning! 🔔 Don’t forget to like, subscribe, and share if you found this helpful! 👉 Watch next:    • Insider–Outsider Model of Unemployment Exp...      • 📚 Classical Dichotomy in Macroeconomics Ex...      • Efficiency Wage Theory Explained | Economi...   🔍Download notes here: https://geteducatn.com 🔍More mcqs on Poverty in economics : https://www.geteducatn.com/2024/10/im... 🔍MCQS on Biodiversity :    • TOP 50 MCQs on Biodiversity | Biodiversity...   🔍   • Johari Window Model in hindi | Communicati...   🔍   • Research Methodology MCQs with answers | U...   Follow us on Instgram :   / geteducatn   Facebook :   / geteducatn   🔍 YouTube Tags golden rule of economic growth, solow growth model, edmund phelps, economic growth, macroeconomics lecture, optimal savings rate, consumption per worker, economic models, macroeconomics for beginners, economics upsc, economic growth theory, golden rule savings rate, macroeconomic planning, solow model explained, economic policies, savings and investment economics #educatn #geteducatn #lucknowuniversity #studymaterials #macroeconomics #economics #microeconomics #economicslecture #upsc #ssc #rbigradeb #banking