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[cons_smooth] Improvement Suggestions #375

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@HumphreyYang

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@HumphreyYang

Code

  • crea_cs_model -> create_cs_model
  • Add comments to parameters in the namedtuple
  • Fix the default values and add error handling for invalid values when defining the namedtuple.

Content

  • quantecon -> QuantEcon
  • Give definitions and economic intuitions in the context of the model
  • Define "candidate consumption path"
  • Give explanations of the welfare criterion formula
  • Link the formula for the geometric model (potentially splitting the geometric lecture)
  • Change $\mathbf{R}^t$ to $\mathbf{\beta}^t$ (suggest it to Tom)
  • Give explanations and intuitions for the experiments -- "consumption smoothing happens in different cases"
  • Explain why studying admissible consumption path variation is important
  • "variation variation" -> "variation"
  • Describe plots and what are the insights of the plots.

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