lecture-python-intro

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Comments by @SylviaZhaooo.

Content

• [x] We can refer to concepts like 'steady state' and 'global stability' using hyperlinks to the Dynamics lecture.
• [x] 45 -> $45 \degree$ in graph.
• [x] Add more details on how to get (21.4) by adding a link to how to solve it.

Some further comments

Content

• [x] 21.1 - Define $\alpha$, and $\rho$
• [x] 21.1 - Clarify the derivation of $k_{t+1}$ by write out an extra step of dividing both step by L
• [x] 21.3 - Might consider giving some further exploitation for the diagram in this section
• [ ] Potentially changing the order of 21. The Solow-Swan Growth Model and 22. Dynamics in One Dimension @jstac

@Jiarui-ZH Hi Jiarui, I have a simple question. Why remove the term 'homogeneous' if the function is non-linear? I believe homogeneity is independent of linearity, and the 'homogeneous of degree one' here refers to 'constant returns to scale'.

Apologies for the confusion, I might have missed interpreter the point mentioned in the discussion, @pgrosser1 perhaps you can share your notes for this section?

Sorry I didn't see this earlier @Jiarui-ZH @SylviaZhaooo. I believe that comment was referring to a discussion between John and I about the difference between linearity and homogeneity of degree one - it wasn't meant to be an edit suggestion.

I will also clarify that the fifth point was referring to adding a bifurcation diagram for the behaviour of the fixed points as some control parameter (either A or K) is changed.

I think there was also an edit suggestion missed where I suggested that we add a mathematical description of fixed point stability (ie. in corresponding it with the fact that the derivative of the function evaluated at the fixed point is negative).

Please ignore the last checkbox "Potentially changing the order of 21. The Solow-Swan Growth Model and 22. Dynamics in One Dimension."

If the rest is done this can be closed @SylviaZhaooo

Sure!

The rest is done.