Explore Rational Expectations Theory and its influence on macroeconomic policy analysis. Discover how RET reshapes modern economics, its integration into New Keynesian economics, and the
Explore Kaldor’s trade cycle model and how it explains business cycle fluctuations. Learn about the role of fiscal policy in stabilizing economic downturns, managing expansions,
Explore the Mundell-Fleming model and its insights into open economy macroeconomics. Understand how exchange rates, capital mobility, and the policy trilemma influence fiscal and monetary
Discover how the IS-LM framework explains the interaction between the goods and money markets. Learn how monetary and fiscal policy analysis shapes economic equilibrium, influencing
Discover how the money multiplier and credit creation work to expand the economy. Learn how banks play a crucial role in fueling economic growth through
Explore modern money supply theories by Friedman, Baumol, and Tobin, highlighting the evolution of monetary economics with concepts like optimal cash holding and risk-aversion portfolio
Explore the demand for money through the Quantity Theory of Money and Keynesian Approach. Learn how these theories shape economic policy, aggregate demand, and monetary
Explore the consumption function and key theories of consumption, including the Absolute Income, Life-Cycle, and Permanent Income Hypotheses, to understand how income levels shape household
Discover the methods for measuring national income and explore the challenges in capturing economic performance. Learn how product, income, and expenditure approaches shape insights into
Discover the essentials of macroeconomics, including GDP, inflation, unemployment, trade, and policy tools like fiscal and monetary strategies. Understand how these concepts shape economies and
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