Macroeconomics II (2^nd Year)

Date: 2024

ISBN: 978-1-9256312-2-7

Format: A4, 2-page, Laminated Card

Description

The aim of this Student Guide Card is to provide second year students with an outline of the basic concepts and principles of Macroeconomics II. In particular, the topics discussed in this title include: (i) inflation hyperinflation; (ii) hyperinflation; (iii) measuring money; (iv) the velocity of money; (v) the quantity equation; (vi) the Fisher equation; (vii) the Investment Saving–Liquidity Money (IS-LM) Model; (viii) assumption of the IS-LM model; (ix) the IS curve; (x) the LM curve; (xi) equilibrium of the IS-LM; (xii) fiscal policy in the IS-LM model; (xiii) monetary policy in the IS-LM model; (xiv) limitations of the IS-LM; (xv) the Phillips curve; (xvi) short-run Phillips curve; (xvii) long-run Phillips curve; (xviii) stagflation; and (xix) solutions to stagflation.