Question

With what is dynamic economics related?

Answer 1

Answer:

In dynamic economics we study the economic variables like consumption function, income and investment in a dynamic state. According to Prof. Harrod, “Economic dynamics is the study of an economy in which rates of output are changing.” ADVERTISEMENTS: ... Here economic variables are related to different points of time.

Answer 2

Answer:

In dynamic economics we study the economic variables like consumption function, income and investment in a dynamic state. ... Harrod, “Economic dynamics is the study of an economy in which rates of output are changing.”