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Using economic theory to predict outcomes: Applying stylized facts from the literature to the Solow Model

Using economic theory to predict outcomes: Applying stylized facts from the literature to the Solow Model

Undergraduate research is not something that should be reserved for the last year of a student's experience. It needs to be intentionally woven into the fabric of coursework to build knowledge and skills for the capstone experience. This example asks students to manipulate a theoretical model to predict outcomes. I focus on theory because at Wooster, our assessment data has found that students have lower levels of competence building theoretical...

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