The difference between the two lines is consumption; the golden rule capital stock is the k that maximizes consumption. One semester survey of the principles of economics, basic methods of economic analysis, and their application to public policy and current events.In this video I introduce the Solow growth model and show how to solve for the steady state. Learn about and track progress on homelessness and the planning and construction of safe, affordable homes. Macroeconomics, sixth edition is organized around two central parts: A core and a set of two major extensions. National income and product per capita is y = Y. L . Estimate how much you and your family will need to contribute for one year at Harvard with our simple Net Price Calculator. The capital city of the US state of California and the seat of Sacramento County. Located at the confluence of the Sacramento and American Rivers. Sacramento is the capital city of the U.S. state of California and the seat of Sacramento County.