A Technical Note on the IS\LM and AS\AD ...
Rodriguez, Peter L...
A Technical Note on the IS\LM and AS\AD Models
F-1541 | Published September 24, 2008 Technical Note
Collection: Darden School of Business
Product Details
This technical note introduces the basic structure of the IS\LM and AS\AD models for a closed economy (i.e., one that does not engage in international trade). It is a useful complement for the more in-depth presentation of these models commonly found in an economics textbook.
This note is designed for use in the early stages of a general macroeconomics course. As students grow more comfortable with these two models, they will be able to integrate them to analyze the global macroeconomy.
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