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60 relations: Abbreviation, Abscissa and ordinate, Accelerator effect, AD–AS model, AD–IA model, Aggregate demand, Alvin Hansen, Bank, Central bank, Circular flow of income, Consumer, Deficit spending, Demand for money, Econometric Society, Econometrica, Elasticity (economics), Endogeneity (econometrics), Exogeny, Fiscal policy, General equilibrium theory, Gross domestic product, Inflation, Interest rate, Investment (macroeconomics), IS/MP model, James Meade, John Hicks, John Maynard Keynes, Keynesian cross, Keynesian economics, Liquidity preference, Locus (mathematics), Macroeconomics, Mathematical model, Measures of national income and output, Monetary policy, Money supply, Multiplier (economics), Mundell–Fleming model, National savings, New Keynesian economics, Nominal interest rate, Opportunity cost, Policy mix, Price level, Real business-cycle theory, Real gross domestic product, Real interest rate, Real versus nominal value (economics), Roy Harrod, ..., Saving, Security (finance), Slope, Southern Economic Association, Speculative demand for money, The General Theory of Employment, Interest and Money, The New School, The Review of Economic Studies, Transactions demand, Treasury view. Expand index (10 more) »
Abbreviation
An abbreviation (from Latin brevis, meaning short) is a shortened form of a word or phrase.
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Abscissa and ordinate
In mathematics, the abscissa (plural abscissae or abscissæ or abscissas) and the ordinate are respectively the first and second coordinate of a point in a coordinate system.
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Accelerator effect
The accelerator effect in economics refers to a positive effect on private fixed investment of the growth of the market economy (measured e.g. by a change in Gross Domestic Product).
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AD–AS model
The AD–AS or aggregate demand–aggregate supply model is a macroeconomic model that explains price level and output through the relationship of aggregate demand and aggregate supply.
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AD–IA model
The aggregate demand–inflation adjustment model builds on the concepts of the IS–LM model and the AD–AS models, essentially in terms of changing interest rates in response to fluctuations in inflation rather than as changes in the money supply in response to changes in the price level.
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Aggregate demand
In macroeconomics, aggregate demand (AD) or domestic final demand (DFD) is the total demand for final goods and services in an economy at a given time.
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Alvin Hansen
Alvin Harvey Hansen (August 23, 1887 – June 6, 1975), often referred to as "the American Keynes," was a professor of economics at Harvard, a widely read author on current economic issues, and an influential advisor to the government who helped create the Council of Economic Advisors and the Social Security system.
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Bank
A bank is a financial institution that accepts deposits from the public and creates credit.
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Central bank
A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.
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Circular flow of income
The circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc.
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Consumer
A consumer is a person or organization that use economic services or commodities.
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Deficit spending
Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus.
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Demand for money
In monetary economics, the demand for money is the desired holding of financial assets in the form of money: that is, cash or bank deposits rather than investments.
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Econometric Society
The Econometric Society is an international society of academic economists interested in applying statistical tools to their field.
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Econometrica
Econometrica is a peer-reviewed academic journal of economics, publishing articles in many areas of economics, especially econometrics.
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Elasticity (economics)
In economics, elasticity is the measurement of how an economic variable responds to a change in another.
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Endogeneity (econometrics)
In econometrics, endogeneity broadly refers to situations in which an explanatory variable is correlated with the error term.
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Exogeny
In a variety of contexts, exogeny or exogeneity is the fact of an action or object originating externally.
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Fiscal policy
In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.
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General equilibrium theory
In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium.
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Gross domestic product
Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.
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Inflation
In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.
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Interest rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).
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Investment (macroeconomics)
In macroeconomics, investment is the amount of goods purchased per unit time which are not consumed at the present time.
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IS/MP model
The IS/MP model (Investment–Savings / Monetary–Policy) is a macroeconomic tool which displays short-run fluctuations in the interest rate, inflation and output.
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James Meade
James Edward Meade CB, FBA (23 June 1907 – 22 December 1995) was a British economist and winner of the 1977 Nobel Memorial Prize in Economic Sciences jointly with the Swedish economist Bertil Ohlin for their "pathbreaking contribution to the theory of international trade and international capital movements." Meade was born in Swanage, Dorset.
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John Hicks
Sir John Richard Hicks (8 April 1904 – 20 May 1989) was a British economist.
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John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
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Keynesian cross
The Keynesian cross diagram demonstrates the relationship between aggregate demand (shown on the vertical axis) and real GDP (shown on the horizontal axis, measured by output).
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Keynesian economics
Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).
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Liquidity preference
In macroeconomic theory, liquidity preference is the demand for money, considered as liquidity.
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Locus (mathematics)
In geometry, a locus (plural: loci) (Latin word for "place", "location") is a set of all points (commonly, a line, a line segment, a curve or a surface), whose location satisfies or is determined by one or more specified conditions.
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Macroeconomics
Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.
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Mathematical model
A mathematical model is a description of a system using mathematical concepts and language.
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Measures of national income and output
A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income also called as NNI at factor cost (NNI* adjusted for natural resource depletion).
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Monetary policy
Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.
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Money supply
In economics, the money supply (or money stock) is the total value of monetary assets available in an economy at a specific time.
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Multiplier (economics)
In macroeconomics, a multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in some exogenous variable.
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Mundell–Fleming model
The Mundell–Fleming model, also known as the IS-LM-BoP model (or IS-LM-BP model), is an economic model first set forth (independently) by Robert Mundell and Marcus Fleming.
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National savings
In economics, a country's national savings is the sum of private and public savings.
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New Keynesian economics
New Keynesian economics is a school of contemporary macroeconomics that strives to provide microeconomic foundations for Keynesian economics.
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Nominal interest rate
In finance and economics, the nominal interest rate or nominal rate of interest is either of two distinct things.
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Opportunity cost
In microeconomic theory, the opportunity cost, also known as alternative cost, is the value (not a benefit) of the choice in terms of the best alternative while making a decision.
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Policy mix
The policy mix is the combination of a country's monetary policy and fiscal policy.
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Price level
The general price level is a hypothetical daily measure of overall prices for some set of goods and services (the consumer basket), in an economy or monetary union during a given interval (generally one day), normalized relative to some base set.
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Real business-cycle theory
Real business-cycle theory (RBC theory) is a class of new classical macroeconomics models in which business-cycle fluctuations to a large extent can be accounted for by real (in contrast to nominal) shocks.
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Real gross domestic product
Real Gross Domestic Product (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e., inflation or deflation).
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Real interest rate
The real interest rate is the rate of interest an investor, saver or lender receives (or expects to receive) after allowing for inflation.
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Real versus nominal value (economics)
In economics, a real value of a good or other entity has been adjusted for inflation, enabling comparison of quantities as if prices had not changed.
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Roy Harrod
Sir Henry Roy Forbes Harrod (13 February 1900 – 8 March 1978) was an English economist.
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Saving
Saving is income not spent, or deferred consumption.
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Security (finance)
A security is a tradable financial asset.
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Slope
In mathematics, the slope or gradient of a line is a number that describes both the direction and the steepness of the line.
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Southern Economic Association
The Southern Economic Association (SEA) is a regional-based scholarly economic organization based at the University of Tennessee at Chattanooga.
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Speculative demand for money
The speculative or asset demand for money is the demand for highly liquid financial assets — domestic money or foreign currency — that is not dictated by real transactions such as trade or consumption expenditure.
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The General Theory of Employment, Interest and Money
The General Theory of Employment, Interest and Money of 1936 is the last and most important book by the English economist John Maynard Keynes.
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The New School
The New School is a private non-profit research university centered in Manhattan, New York City, USA, located mostly in Greenwich Village.
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The Review of Economic Studies
The Review of Economic Studies (also known as RESTUD) is a quarterly peer-reviewed academic journal covering economics.
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Transactions demand
Transactions demand, in economic theory, specifically Keynesian economics, is one of the determinants of the demand for money, the others being asset demand and precautionary demand.
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Treasury view
In macroeconomics, particularly in the history of economic thought, the Treasury view is the assertion that fiscal policy has no effect on the total amount of economic activity and unemployment, even during times of economic recession.
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Redirects here:
Hicks-Hansen IS-LM Model, IS curve, IS curves, IS-LM, IS-LM Model, IS-LM diagram, IS-LM model, IS/LM, IS/LM model, ISLM, ISLM Model, IS–LM, Islm, Islm curve, Islm model, LM curve, Output curve, Output line, The Is Curve, The Output curve, The Output line.
References
[1] https://en.wikipedia.org/wiki/IS–LM_model
