Ramsey–Cass–Koopmans model

The Ramsey–Cass–Koopmans model (also known as the Ramsey growth model or the neoclassical growth model) is a foundational model in neoclassical economics that describes the dynamics of economic growth over time. It builds upon the pioneering work of Frank P. Ramsey (1928), with later extensions by David Cass and Tjalling Koopmans in the 1960s.

Source: Wikipedia — Ramsey–Cass–Koopmans model (CC BY-SA 4.0)