IS-LM MODEL
UCL ECON7003 Money and Banking Lecture 14. Rise of monetarism. Limited debate on monetary policy in post-war period. Post-war boom. Post-war consensus.
© The McGraw-Hill Companies, 2002 0 The classical model of macroeconomics The CLASSICAL model of macroeconomics is the polar opposite of the extreme Keynesian.
© The McGraw-Hill Companies, 2002 0 Inflation is... Inflation is a rise in the price level. Pure inflation is when goods and input prices rise at the same.
Www.themegallery.com Chapter 7 Economic Policy in the Open Economy Under Fixed Exchange Rates.
Money, Output, and Prices. M1 Money SupplyCPI (1987=100) Over the long term, money is highly positively correlated with prices, but uncorrelated with.
Lecture 9 Monetary Policy 3 13. Impact of Monetary Policy Evolution of the modern view: The Keynesian view dominated during the 1950s and 1960s. Keynesians.
EC 100 Macro Week 2 The Money Market 1. Discussion of LT Week 2 -Last week: discussed concept of fiscal policy multipliers – how does nominal GDP change.
Lectures 22 & 23: DETERMINATION OF EXCHANGE RATES Building blocs - Interest rate parity - Money demand equation - Goods markets Flexible-price version:
Econ 141 Fall 2013 Slide Set 4 Simple and general models of the monetary approach to the exchange rate.
The Influence of Monetary and Fiscal Policy on Aggregate Demand Chapter 20 Copyright © 2001 by Harcourt, Inc. All rights reserved. Requests for permission.
The Central Bank and the money market equilibrium The role of central banks The money market equilibrium.
