New Macroeconomic Models Unveil Impact of Fiscal Policy on Growth
This article covers advanced macroeconomics topics for undergraduate students. It uses mathematical models to explore how changes in technology, government policies, and monetary factors affect economic growth. The researchers introduce various economic models like the neoclassical growth model, the new Keynesian model, and the Romer model to explain different aspects of economic development. The findings show how these models can help us understand the dynamics of economic growth and technological change.