Achieving macroeconomic equilibrium
This book is a practical and accessible guide to understanding the Mundell-Fleming model, providing you with the essential information and saving time.
In 50 minutes you will be able to:
• Learn about the IS-LM model that the Mundell-Fleming is based on and how each of the three curves of the model graph are formed, as well as how to interpret them
• Analyze different exchange rate regimes and the effect they have on production, income and interest rates
• Understand the effectiveness of budgetary, fiscal and monetary policies and how they interact with exchange rates
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