Harrod-Domar Model of Economic Growth | Economics
In this article we will discuss about:- 1. Introduction to Harrod-Domar Growth Model 2. Domar’s Growth Model 3. Harrod’s Growth Model 4. Relevance of Harrod-Domar Growth Model for Developing Countries. Introduction to Harrod-Domar Growth Model: Keynes in his General Theory was concerned with the determination of income and employment in the short run. He explained that since in the short-run [...]