Open Access Repository

Teaching Aggregate Demand and Supply Models


Downloads per month over past year

Wells, G (2007) Teaching Aggregate Demand and Supply Models. Discussion Paper. School of Economics & Finance, University of Tasmania.

DP2007_03_Wells...pdf | Download (173kB)
Available under University of Tasmania Standard License.

| Preview


This note analyses the inflation-targeting model that underlies recent textbook expositions of the Aggregate Demand-Aggregate Supply approach used in introductory courses in macroeconomics. The paper shows how numerical simulations of a model with inflation inertia can be
used as a tool to help students understand adjustments in response to demand and supply shocks of various kinds.

Item Type: Report (Discussion Paper)
Authors/Creators:Wells, G
Keywords: REPEC, Economics, Macroeconomic Models, Inflation Targeting
Publisher: School of Economics & Finance
Date Deposited: 12 Oct 2007 00:37
Last Modified: 18 Nov 2014 03:23
Item Statistics: View statistics for this item

Actions (login required)

Item Control Page Item Control Page