๐ŸŒฑ Week 7 Homework โ€” Feedback

Student: Kamila Murzabulatova
Assignment: Solow Model with Technological & Population Growth


โŒ Overall Assessment

Result: โŒ Incorrect Submission

This submission appears to be for a different homework assignment. The code uses simulate_growth() which implements the basic Solow model without population growth (n) or technological progress (g). Week 7 homework requires simulate_growth_tech() which must include both n and g parameters and simulate three different combinations: (0,0), (0.01,0.02), and (0.02,0.03).

The current submission:

  • Uses simulate_growth(alpha, s, delta, k0, T) instead of simulate_growth_tech(alpha, s, delta, n, g, k0, A0, T)
  • Varies savings rate s instead of (n, g) combinations
  • Uses incorrect parameters (T=50, k0=0.5 instead of T=80, k0=3.1201)
  • Does not plot k_t and y_t/A_t for the three required scenarios
  • Does not address the Week 7 homework questions about population and technology growth

๐Ÿ” Task-by-Task Checklist

# Requirement Status Notes
1 Separate simulate_growth_tech.m helper with correct signature โŒ Uses simulate_growth (wrong function).
2 Helper preallocates arrays and final values โš ๏ธ Correct for basic model, but wrong function.
3 Law of motion divides by (1+n)(1+g) โŒ Basic Solow law of motion only.
4 Technology path updates with (1+g) โŒ No technology variable.
5 Main script sets required parameters (ฮฑ, ฮด, s, T=80, k0, A0) โŒ Uses T=50, k0=0.5, no A0.
6 Scenario matrix includes (0,0), (0.01,0.02), (0.02,0.03) โŒ Varies s instead of (n, g).
7 Reuses simulation outputs for later steps โš ๏ธ Stores results but for wrong model.
8 Plot k_t for the three scenarios โŒ Plots capital but for wrong scenarios.
9 Add steady-state reference lines on k_t plot โŒ Missing.
10 Plot y_t/A_t for the three scenarios โŒ Plots y_t but not y_t/A_t.
11 Add steady-state reference lines on y_t/A_t plot โŒ Missing.
12 Save figures to Figures/ (PNG/PDF) โŒ Figures not saved.
13 Provide steady-state summary (table or print) โŒ Missing.
14 Interpretation answers both homework questions โŒ Interpretation incomplete and addresses wrong questions.
15 Code hygiene (comments, no cd, folder guard) โš ๏ธ Basic structure present.

Score: 0/15 tasks correct for Week 7 requirements โ†’ โŒ


๐Ÿ“ˆ Evidence & Highlights

30:31:docs/week7/Homework submissions/Kamila.M_Week7 Kamila Murzabulatova/week7_simulation_2243431.m % Call your function [k, y, c] = simulate_growth(alpha, s, delta, k0, T);

This is the basic Solow model function, not the Week 7 required function with technology and population growth.


๐Ÿ’ก Suggestions for Improvement

  1. Use the correct function: Replace simulate_growth() with simulate_growth_tech() which must accept parameters (alpha, s, delta, n, g, k0, A0, T) and return [k, y, c, A].

  2. Implement the correct helper function: Create simulate_growth_tech.m that:
    • Updates technology: A(t+1) = (1+g) * A(t)
    • Uses law of motion: k(t+1) = [s*k(t)^alpha + (1-delta)*k(t)] / [(1+n)*(1+g)]
    • Returns capital per effective worker, output, consumption, and technology paths
  3. Use correct parameters: Set T=80, k0=3.1201, A0=1 as specified in the homework.

  4. Run three scenarios: Simulate for (n, g) = (0, 0), (0.01, 0.02), and (0.02, 0.03) instead of varying savings rate.

  5. Plot required outputs: Create plots for:
    • k_t (capital per effective worker) for all three scenarios
    • y_t/A_t (output per effective worker) for all three scenarios
    • Include steady-state reference lines on both plots
  6. Add interpretation: Comment on how n and g affect steady-state levels and convergence speed.

๐Ÿงพ Summary

This submission appears to be for an earlier weekโ€™s homework (basic Solow model) rather than Week 7 (Solow with technological change and population growth). Please resubmit using the correct function simulate_growth_tech() and following the Week 7 homework specifications.

Grade: โŒ (Incorrect submission - wrong homework assignment)