Macroeconomic model reference

IS-LM Model

Simultaneous equilibrium in the goods market and money market, tracing how spending and liquidity conditions jointly pin down output and the interest rate.

Theory-based models · Derivation

IS-LM derivation: assumptions and equations

Trace the IS-LM derivation through assumptions, notation, equations, and failure cases.

Macro by Mark

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IS-LM derivation: assumptions and equations

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