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About Whelan Lecture Notes
This document contains lecture notes on macroeconomics. The notes introduce the IS-MP-PC model, which contains three elements: the Phillips curve describing how inflation depends on output, the IS curve describing how output depends on interest rates, and the monetary policy rule describing how the central bank sets interest rates. The notes discuss each element in detail, including the history and critiques of the Phillips curve relationship between inflation and unemployment. Graphs from early Phillips curve studies are presented.
Detailed Information
| Author: | ['Aahaana '] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 361 |
| Language: | English |
| Format: | |
| Price: | FREE |
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