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Goods Market Equilibrium and IS-LM Analysis

The document covers several economic topics including the goods market, IS-LM model, demand in open economies, the labor market, aggregate supply and demand, unemployment, and the Phillips curve. Key concepts discussed include equilibrium, autonomous and multiplier components, saving and investment, exchange rates, wage determination, and the natural level of output and employment.

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mihsovya
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18 views6 pages

Goods Market Equilibrium and IS-LM Analysis

The document covers several economic topics including the goods market, IS-LM model, demand in open economies, the labor market, aggregate supply and demand, unemployment, and the Phillips curve. Key concepts discussed include equilibrium, autonomous and multiplier components, saving and investment, exchange rates, wage determination, and the natural level of output and employment.

Uploaded by

mihsovya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Topic 1 The AD Formula

Goods Market

Equilibrium

Autonomous and Multiplier

Saving and C

Saving and I

The equation above states that equilibrium in the goods market requires that
investment equals saving – the sum of private plus public saving
Topic 4 IS-LM Output

IS Multiplier

Home’s Fiscal Multiplier


Topic 5 Demand in open econ
Exchange
rate

Net exports and depreciation


Interest rate parity and peg

Topic 6
Labour Maket

Participation rate

Wage determination
Price and markups

Wage setting relation

Natural level of output and employment

Topic 7

Topic AS AD AD Fixed Exchange

AD

AS
Topic 7
Unemployem
ent

Topic 8
Phillips

Graphs

Goods Eq

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