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Elementos de teoría y política macroeconómica para una economía abierta. Segunda parte: Capítulo 7

Félix Jiménez

No 2010-295, Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú

Abstract: The seventh chapter presents the IS-LM model of simultaneous equilibrium in the goods and services market and the money market. IS-LM model determines the Aggregate Demand and, consequently, the level of output and employment, under the assumption of fixed prices or infinitely elastic Aggregate Supply. Then, it analyzes the effects of fiscal and monetary policies in the simultaneous equilibrium in both markets.

Keywords: teoría política; labor del mercado. (search for similar items in EconPapers)
Pages: 147 pages
Date: 2010
New Economics Papers: this item is included in nep-mac
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