About This Chapter
Who's It For:
Anyone who needs help learning or mastering growth models material will benefit from the lessons in this chapter. There is no faster or easier way to learn growth models in business calculus. Among those who would benefit are:
- Students who have fallen behind in understanding growth models in business calculus
- Students who struggle with learning disabilities or learning differences, including autism and ADHD
- Students who prefer multiple ways of learning business (visual or auditory)
- Students who have missed class time and need to catch up
- Students who need an efficient way to learn about growth models in business calculus
- Students who struggle to understand their teachers
- Students who attend schools without extra business learning resources
How It Works:
- Find videos in our course that cover what you need to learn or review.
- Press play and watch the video lesson.
- Refer to the video transcripts to reinforce your learning.
- Test your understanding of each lesson with short quizzes.
- Verify you're ready by completing the Growth Models in Business Calculus chapter exam.
Why It Works:
- Study Efficiently: Skip what you know, review what you don't.
- Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
- Be Ready on Test Day: Use the Growth Models in Business Calculus chapter exam to be prepared.
- Get Extra Support: Ask our subject-matter experts any question about growth models in business calculus. They're here to help!
- Study With Flexibility: Watch videos on any web-ready device.
Students Will Review:
This chapter helps students review the concepts in a growth models unit of a standard business calculus course. Topics covered include:
- Consumer and producer surpluses
- Comparing the Keynesian model and the classical economic model
- Contrasting exponential growth and decay
- Calculating rate and exponential growth
1. The Keynesian Model and the Classical Model of the Economy
Economists use two basic models to describe economic growth. In this lesson, you'll find out more about each one of these models using real-world examples. So buckle up your seatbelts!
2. Exponential Growth vs. Decay
How is it that it only takes four years for our computer to go from top-of-the-line to almost worthless? Well, it has something to do with what's called exponential decay, which we'll learn about here!
3. Calculating Rate and Exponential Growth: The Population Dynamics Problem
You know how the world population keeps increasing? It's increasing faster now than it was 100 or 1,000 years ago. In this lesson, learn how differential equations predict this type of exponential growth.
4. Constant Growth Model: Formula & Examples
Knowing the value of the stock is very important. Although there are several ways of valuing a stock, in this lesson we are going to focus on one of the most commonly used model. Learn the whys and hows of stock valuation using the constant growth model.
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Other chapters within the Business Calculus: Help & Review course
- Functions for Business Calculus
- Working with Limits in Business Calculus
- Derivatives & Differentiation in Business Calculus
- Calculating & Graphing Derivatives in Business Calculus
- Derivatives of Functions in Business Calculus
- Optimization in Business Calculus
- Logarithms in Business Calculus
- Integrals in Business Calculus
- Multi-Variable Calculus