Create a detailed educational podcast to help me fully understand the following chapters from Economic Development by Debraj Ray: Chapter 3: Economic Growth Explain the fundamental concepts of economic growth, including the Harrod-Domar and Solow models. Break down concepts like capital-output ratio, savings rates, population growth, and technological progress. Illustrate how these models address income convergence and divergence between countries. Chapter 8: Inequality and Poverty Define and distinguish between key measures of inequality (e.g., Lorenz curve, Gini coefficient). Discuss poverty traps and the role of wealth distribution in economic development. Include real-world examples of inequality’s impact on development. Chapter 9: Population Growth and Economic Development Explain the relationship between population growth, dependency ratios, and labor force participation. Discuss Malthusian theory, demographic transitions, and their implications for economic growth. Highlight the role of education, health, and fertility in shaping population dynamics. Chapter 10: Human Capital Clarify the concept of human capital and its importance in economic development. Discuss the role of education and health in enhancing productivity. Explore policy implications and case studies where investments in human capital have driven growth. Make the content accessible by breaking down complex economic theories into simple, step-by-step explanations. Use analogies, examples, and real-world case studies to clarify key concepts. Ensure the podcast is engaging, using storytelling techniques to explain how these economic ideas apply in practice, especially in developing countries.