Economics homework help

| January 22, 2016

Eco 302
Assignment 1: The Solow Growth Model
Write a four to six (4-6) page paper that answers the following:

1. Discuss the three (3) basic assumptions of the Solow Growth Model and analyze their compatibility with real-world economic conditions.
2. Analyze the effects of an increase in population growth on the growth rate of capital per worker.
3. Describe the effects of a decline in the labor participation ratio on the growth rate of capital per worker with the population growth rate held constant.
4. Analyze the effects of a positive technology growth rate on the growth rate of capital per worker.
The format of the paper is to be as follows:

•Typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.
•Use headers for each of the subjects being covered, followed by your response.
•In addition to the four to six (4-6) pages required, a title page is to be included. The title page is to contain the title of the assignment, your name, the instructor’s name, the course title, and the date.

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