Notes - Lecture1 NotesforEconomicGrowth: 21/01/201012:12:00

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Lecture 1 21/01/2010 12:12:00 Notes for Economic Growth: Read the Good Capitalism bad Capitalism Book (334 pages O.O)
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Lecture 2 (Still on Lecture 1 slides) 21/01/2010 12:12:00 Given groups, my group is: Me, Jon, Ellie, Nuno, and Eve. We are discussing long term effects of an increase in demand, higher prices,  quantities, etc… Our growth is static but there is a cyclical pattern that follows this linear line  that represents our economies.  Can be found in the slide notes. There’s a 50 year cycle called the Kondratiev wave effect.  Currently it is  argued we are in the downward slop which means stagnation or depression  or things of the sort. This cycle is the short term things, the rising trend is the long term and is what  we are concerned about. Lecture 1 pdf – slide 19 We’re not as technologically advanced as the rest of the world. Slide 24
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This note was uploaded on 02/08/2011 for the course ECONOMICS 101 taught by Professor June during the Spring '08 term at Rutgers.

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Notes - Lecture1 NotesforEconomicGrowth: 21/01/201012:12:00

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