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Lecture 1 - The Scope and Data of Macro

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Movements and Inter-Relations between Key Macroeconomic Variables; Aggregation Issues, National Income, Inflation and Money, The Closed Economy and Open Economy Transmission Mechanisms. A Flexible Price Model: The Determination of Aggregate Income, the Role of the Factors of Production, and the Effectiveness of Macroeconomic Policy, Under the Assumption of Flexible Prices.

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  •  • 4 pages • 
  • by Willlawrence279 • 
  • uploaded  17-04-2019
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