In this video, I merge the IS curve and the LM curve to derive the IS-LM model as the core framework of introductory macroeconomics. I then use the IS-LM model to analyze the effects of fiscal and monetary policy when fighting a recession. In addition, I show what changes when fiscal and monetary policies coordinate as compared to the situation in which they act in isolation.
Macroeconomics: The IS-LM Model For Country: United States. City: Mobile, Moreno Valley, New Haven, Pembroke Pines, Santa Clarita
