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Documents Lecture 161 Macroeconomic Analysis 2003 Monetary Policy: Transmission Mechanism .

Slide 1Lecture 161 Macroeconomic Analysis 2003 Monetary Policy: Transmission Mechanism http://www.bankofengland.co.uk http://www.bis.org Slide 2 Lecture 162 Learning Objectives…

Documents Lecture 11 Macroeconomic Analysis 2003 Approaches to Macroeconomics.

Slide 1Lecture 11 Macroeconomic Analysis 2003 Approaches to Macroeconomics Slide 2 Lecture 12 Measurement Nominal GDP Real GDP GDP deflator GDP Index Growth rate Technological…

Documents Classical vs. Keynesian Economists Which model best describes our economy?

Slide 1 Classical vs. Keynesian Economists Which model best describes our economy? Slide 2 Keynesian vs. Classical Approach Stock Market suddenly falls 25% AD 1 LRAS 1 Price…

Documents The Neoclassical Growth Theory. Solow, R., “A contribution to the theory of Economic Growth,”...

Slide 1 The Neoclassical Growth Theory Slide 2 Solow, R., “A contribution to the theory of Economic Growth,” QJE, Feb, 1956, vol. 70, pp. 65-94. “Technical change and…