o/202 Thtwy o Fimm

Inim Road
laprutatiuu Fim (Econyp
GDP Duealo
uitput (4 DP)
Mcg F n
uwde )
*)Lomg. Kura Trodlucluon funtion ( tUnby
aouth Thieies

Deulopiny Phyiral Laluu

Caybstols
Studluna Feutiuun o Develsprng Counluan Contas
i Cnaguubhit ywnny peeho Cabrtal (HorrayonauR)
GDP
High Fullly Rals Lawu Homayemsus

2ubaumal Studu Tewhnelagy

Aguuiluwet Aaumption
Al wie hou aON to all tu tethmlu. Fu sunalior
3. Auw@l te uuban gaisv
atiun to Stalb Nk i N L NY
4 Coupeaion t s a d - Lsw vdhs ealded goedk CoMs tanib
TH Ptwwint Mugunel luwnstoevev o actpk pou
5 IMdilenal Stuf Low
MP
 MPL
MPL = (1-K)zK'L =
(1-K)
L
Y 6 -Wt Lt 0
)Nolaluon Pe 1)
Ne put
Wage ro w
ratt =» Rnb hituui Adti Consliliu dylina
Atntal
Pu4t MantUiyauev
TT TR-T6
40uth, A CUun ting
wt Ttal ex. o
-Toal ecnunddaue
Totol valu
Ne
-

Populatiov
GDPp barta, t
dyQuauloble Nt
MP Y
T-Mano N
MPL W
tLt
NE
MP KY =
YE x = Yt K-)
Y -
NËNK
owctant oukued emhuwunalley

MP w) 1-x) =
ut Lt

CestaAt
(+ Rt PLAth Awourlung Rolatiend

Dvelepialb ourabuas Eduoalun Vaupkor

Hoolt elalid vrdpldou
Ponuiaio puth rili t vely Cou

t I+9y Zt+ t+ t
i-* Gucustb vatbe lakeus Pla cobita,
-K
y 1y t * * a Eltiuly btpmuk

PAm maiuK -

tachm sloby
3y(t?y)(tga(1+9) guouth
A a l l h t t Rau
( (
Revntal sati ot K

Lut ot in ludohd tounlun nekom ally maune iuu

2 K/Ne
Dwelspud aunbaua ud te scuk 8n buuloln teh
Balaneio quauwth Path & cUmkt Guuth - (ouuupt1o0m, niulurnk, bunl,St cluu , el

ett Rupdl b t At tendlow ( flat) qteulh, Madtlu

Peo capita talau temdu
uthut 2 (abrtal Cen t0 All guBU ab the sami sati )Hawod dema Modul bos

) Saleuy Maded CosTos

Hwncm (opilak, Mpdul Past 70s

Fot gMuuh alenunduin) uh -Haw

Fautau
PApAiLR
Conveugemew7-pagu&teh Counuwr
8 y |6mpskealid. a ulabudity an tioh
Hausd-D omaw Maole
Devedoping, u n l i
Tola Sawray Total Imertmimt

HQueholde: Yt 64 HSt
ge Eauiky to get t
Podtun. Y+6t + I t
Sidio

Ciuma dny allb3

Ntisnab: Yt 6ttT+ +9+N
Awri

Hauuholdn T+ Ce +S4 =t Gt t St + Te

Y (24 Kk4 (Z2L4) Ewmbiddd teet Tanex

t+S4 + Te
64 + It tGt-
Spovnchuny Houuhold + Govt. Savemye
S'amys
eCept t. Sanumg I S(etul,sauungi
 Totols Sawngk= otalb Inernent
)Muaiut H-D
seath npital AMUmulatuon
ht rale n >o
F (1-8) Ke + I+ -0 Papnlatuon g k
K4
Ne+ e (Itn)
debertaluevM N6
Hauuac-domal o lohulal atttulaluow talion
(on&tant

Y LKt -) Np+ Ne Nt NE

149y) t n )
= (l~d) t
t Y
Y+,
(i-S)oY t7 (l-8)+ a 3
APPH y

. m Low pohulal gauth

Abnent )Puoblome
Hauud -Dornouy
DA,n MNed eudrnun
Mows US example -lau scng
omwd
MoL ntly gou
Hghu pudueh oprtal osto outhutmOL
1s tha guoth P+oeuttuem . Popoitival
 MP (api tab Awunaulatio

Bnctat Mavqurak oducl o caprtal .

=It
Ke4Ke}t S Kt
As Psaoluclnau e uam aprtab amauNA Sams
I
AK+ SK

uue at h samu ls
Solsuw Madi 1956) Steady StlL Outhut & opulal
atb = n = Fohulotkonm uath yals
uouitho
Y =Flk, L) I (A+)K
MPIK a kt
(n+8K

Z z /K_) S Y (nt&)K
L

u (nt)k S+eady
4DPpeu laluw: y =ZA
= Z
f (a) Stat
to
nedid

Hold z onstand
Fstht-partap
is dabecuas

thal

Invetmunt
Zk 4ra hubay ka (n+S) ek&

ss 2