Concept

Total factor productivity

Related lectures (15)

Economic Growth in High-Income Countries

Explores the need for economic growth in high-income countries and the importance of consumption growth to maintain full employment.

Innovation, Productivity, and Living Standard

Explores the impact of innovation on firms' profit and consumers' surplus, emphasizing the importance of innovation in driving productivity growth and improving the standard of living.

Innovism: Economic Regime

Delves into innovism as an economic regime, exploring productivity growth, historical innovation, and the transition from capitalism.

Economic Discovery and Innovation

Explores economic discovery and innovation, showcasing how new ideas must grip the economy to transform society and improve living standards.

Technological Achievements and Innovatization

Explores technological achievements, innovations, and the shift towards an innovation culture in sectors like the space industry.

Direct Capitalization: Income Method Simplified

Explores the direct capitalization method based on income, renovation costs, and revenue-expense growth rates.

Climate Change Impacts: Switzerland Discussion

Covers the impacts of climate change in Switzerland, including economic consequences and effects on health and productivity.

Economic Growth: Slowdown and Innovation Failure

Explores the slowdown of economic growth, innovation failure, and challenges in measuring modern economic activity.

Understanding Economic Growth: Facts and Theories

Explores economic growth theories, including capital accumulation, innovation impact, and productivity rises for sustained growth.

Global Infrastructure Investment Gap

Explores the global infrastructure investment gap and the role of public-private partnerships in addressing it.

Economic Growth and Employment Relationship

Explores the impact of economic growth on employment and life satisfaction, using real-world examples and predictive models.

Untitled

Modern Trade: Ricardo's Comparative Advantage

Explores Ricardo's 'Principle of Comparative Advantage' and its impact on global trade, efficiency, productivity, and the evolution of globalisation.

Labor Income Share

Analyzes a macroeconomic model focusing on labor income share and the effects of productivity shocks on GDP, consumption, investment, and stock prices.