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Eco 242
Macroeconomic Theory and Policy

Eshragh Motahar
Winter 2019

Office Hours:  Tuesdays and Thursdays 4:00-5:00, and by appointment.  Telephone:  388-6065.  E-mail:  motahare@union.edu

Goods and Financial Markets

The IS-LM Model

• The Goods and Services Market and the IS Relation

• Financial Markets and the LM Relation

• Putting the IS and the LM relations together

• A detailed analysis of fiscal and monetary policy using IS-LM relations

 

  Check the summary and key terms at the end of each chapter. Also, do the problems and questions at the end of each chapter.

 

Reading Assignment

Textbook and MyEconLab: Chapter 5.  Please note that ALL of the material in this chapter (including boxes, sidebars, summary, key terms, questions and problems, etc.) is required.

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