π± Week 7 Homework β Feedback
π± Week 7 Homework β Feedback
Student: Michele Nascia
Assignment: Solow Model with Technological & Population Growth
β Overall Assessment
Result: β More than 50% Correct
Good submission with correct helper function and proper parameter calibration. The code runs cleanly and produces clear subplot figures saved to the correct directory. The main gaps are: (1) missing steady-state reference lines on both plots, (2) no printed steady-state summary, and (3) interpretation is present but could be more explicit about convergence speed. The economic discussion addresses steady-state effects but doesnβt clearly answer the convergence speed question.
π Task-by-Task Checklist
| # | Requirement | Status | Notes |
|---|---|---|---|
| 1 | Separate simulate_growth_tech.m helper with correct signature |
β | Provided with four outputs. |
| 2 | Helper preallocates arrays and final values | β | Column vectors, final period handled. |
| 3 | Law of motion divides by (1+n)(1+g) |
β | Correct implementation. |
| 4 | Technology path updates with (1+g) |
β | Included in loop. |
| 5 | Main script sets required parameters (Ξ±, Ξ΄, s, T=80, k0, A0) |
β | Matches homework specification. |
| 6 | Scenario matrix includes (0,0), (0.01,0.02), (0.02,0.03) |
β | Stored in n_and_g. |
| 7 | Reuses simulation outputs for later steps | β οΈ | Re-runs function for plotting. |
| 8 | Plot k_t for the three scenarios |
β | Top subplot shows all paths. |
| 9 | Add steady-state reference lines on k_t plot |
β | Missing yline overlays. |
| 10 | Plot y_t/A_t for the three scenarios |
β | Bottom subplot implemented. |
| 11 | Add steady-state reference lines on y_t/A_t plot |
β | Missing yline overlays. |
| 12 | Save figures to Figures/ (PNG/PDF) |
β | Saved to Figures_week7/ as PNG and .fig. |
| 13 | Provide steady-state summary (table or print) | β | No numerical output of k*/(y/A)*. |
| 14 | Interpretation answers both homework questions | β οΈ | Addresses steady-state effects but convergence speed discussion is incomplete. |
| 15 | Code hygiene (comments, no cd, folder guard) |
β | Clean structure, mkdir guard included. |
Score: 9/15 tasks fully correct, 1/15 partial, 5/15 missing β β
π Evidence & Highlights
23:32:docs/week7/Homework submissions/week7_nascia Nascia Michele/week7_homework_nascia.m
subplot(2,1,1)
plot(1:T, k, 'LineWidth', 1.5); hold on
...
subplot(2,1,2)
plot(1:T, y./A, 'LineWidth', 1.5); hold on
π‘ Suggestions for Improvement
- Add steady-state reference lines: Include
ylineoverlays on both subplots showingk*and(y/A)*for each scenario. This will make the convergence paths visually comparable to the target levels. - Print steady-state summary: Add a
fprintfblock that reportsk*and(y/A)*for each scenario. This will provide quantitative backing for your interpretation. - Clarify convergence speed discussion: Your comment mentions that convergence βbecomes slowerβ when
g > 0, but the theory suggests that highernandgactually increase convergence speed (due to higher effective depreciation). Please review this point and clarify your interpretation.
π§Ύ Summary
Solid implementation with correct economics. Adding steady-state overlays, a quantitative summary, and clarifying the convergence speed discussion will complete the submission.
Grade: β (More than 50% correct)