What are the key determinants of long run economic growth?


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What are the key determinants of long run economic growth?

Jul 18th, 2015

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Economic growth -this is the percantage change in per capita in a period of a year

They are classified into groups acccording to classical and neoclassical economists views.

classical economists views are 

labour

capital  that is physical and human capital

land.

The neoclassical economist view is

technological change




Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 18th, 2015

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Jul 18th, 2015
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