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A Graph Representation of a Basic Macroeconomic Scheme: The IS-LM ModelValentino PianaEconomics Web Institute July 2001 Essays at the Economics Web Institute Paper No. 2 Abstract: 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, A22 working papers seriesDate posted: June 1, 2005Suggested CitationContact Information
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