Teaching Aggregate Demand and Supply Models

被引:1
作者
Wells, Graeme [1 ]
机构
[1] Univ Tasmania, Sch Econ & Finance, Hobart, Tas 7001, Australia
关键词
aggregate demand and supply model; inflation targeting; simulation;
D O I
10.1080/00220480903382313
中图分类号
F [经济];
学科分类号
02 ;
摘要
The author analyzes the inflation-targeting model that underlies recent textbook expositions of the aggregate demand-aggregate supply approach used in introductory courses in macroeconomics. He shows how numerical simulations of a model with inflation inertia can be used as a tool to help students understand adjustments in response to demand and Supply shocks of various kinds.
引用
收藏
页码:31 / 40
页数:10
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