This workbo workbook ok implements the ISLM Model. The fundamental f undamental goal goal is to understand understand shor s hort-run t-run fluctuations (boom and bust bust behavior) behavior) in a market ec onomy.
There are so many pieces to the model, model, that it gets confus confusing. ing. Here's a handy map:
ISLMADAS.xls ISLMADAS Model (Y, r, P endo)
AD
You are here.
AS
ISLM Model (Y, r endo; P exo) ISLM.xls
IS
LM
Goods Market (Y endo; r, P exo)
Money Market (r endo; endo; Y, P exo)
KCross.xls
MoneyMarket.xls
This is the third workbook in the Keynesian Model series of workbooks. 1) KCross.xls 2) MoneyMarket.xls 3) ISLM.xls
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