Slide 1Credit Growth in Moldova: Empirical Analysis and Policy Recommendations Seminar organised by the Moldovan Banking Association Robert Kirchner German Economic Team…

Slide 1Inflation and Deflation Slide 2 How do we define inflation? A continuing increase in the general price level. But lets focus on some key words in the definition A…

Slide 1Chapter 10 Money, Interest, and Income Slide 2 10-2 Introduction Money plays a central role in the determination of income and employment Interest rates are a significant…

Slide 1CHAPTER 5 Goods and Financial Markets: The IS–LM Model Goods and Financial Markets: The IS–LM Model CHAPTER 5 Prepared by: Fernando Quijano and Yvonn Quijano Copyright…

Slide 1Models of Economic Growth A Outline: Because this area is complex and mathematical there are two files of slides for this topic Lecture A Introduction – trends in…

Slide 1GDP growth: an inevitable lock-in? Simone D’Alessandro, Tommaso Luzzati, Mario Morroni Dipartimento di Scienze Economiche – Università di Pisa [email protected]…

Slide 1IS curve The IS curve shows the relationship between interest rates generated in financial markets and the equilibrium level of income the economy gravitates toward…

Slide 1The Goods Market in an Open Economy Slide 2 The IS Relation - Open Economy The Demand for Domestic Goods In an open economy, the demand for domestic goods is given…

Slide 1Factor markets -- Labor markets Dr. D. Foster – ECO 284 & General Equilibrium Slide 2 Factor Markets Look at perfectly competitive factor markets. Focus on labor…

Slide 1CHAPTER 14 Expectations: The Basic Tools Expectations: The Basic Tools CHAPTER 14 Prepared by: Fernando Quijano and Yvonn Quijano Copyright © 2009 Pearson Education,…