A Graph Representation of a Basic Macroeconomic Scheme: The IS-LM Model
Economics Web Institute
Essays at the Economics Web Institute Paper No. 2
A new way of drawing all the IS-LM relationships in one page only, by using graph theory. As Hicks re-wrote the General Theory by Keynes by using curves, the author proposes a new grammar for economic systems dynamics.
Number of Pages in PDF File: 27
Keywords: is-lm, macroeconomic system, dynamics
JEL Classification: E12, A20, A22working papers series
Date posted: June 1, 2005
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