A Keynesian macroeconomic model, popular especially in the 1960s, in which national income and the interest rate were determined by the intersection of two curves, the IS-curve and the LM-curve.
Related information about IS-LM Model:
- IS/LM model - Wikipedia, the free encyclopedia
The IS/LM model (Investment—Saving / Liquidity preference—Money supply) is a macroeconomic tool that demonstrates the relationship between interest rates ...
- The IS/LM Model
The basic idea of the Keynesian Theory (IS/LM model) is that prices (and nominal wages) are not flexible in the short-run: they do not clear markets in the ...
- Greg Mankiw's Blog: The IS-LM Model
May 30, 2006 ... May I ask you why economists authors of textbooks on intermediate macroeconomics like you keep using the IS-LM model even though we ...
- The IS-LM Model in a closed economy
Assumptions. • Continue to ignore aggregate supply. – Prices/inflation fixed ( business cycle assumption). • Continue to ignore rest of world (X=M=0). – Closed ...
- IS-LM model - YouTube
What the IS-LM model is about ... IS-LM model: Introduction to the shifts of the IS- curve ... IS-LM model: Elcectricity crises and the IS-curve in South Africa ...
- IS/LM model - YouTube
The IS/LM model is a macroeconomic tool that demonstrates the relationship between interest rates and real output in the goods and services market and the ...
- Lecture 16: The IS-LM Model - Wellesley
In the last two lectures, we derived the IS-LM model, which is a short run model of the determination of output. The model has two main parts: an IS curve that ...
- IS-LMentary - NYTimes.com
Oct 9, 2011 ... A number of readers, both at this blog and other places, have been asking for an explanation of what IS-LM is all about. Fair enough – this ...