Open Economy Macroeconomics: The Mundell-Fleming Model

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In this lecture, I present the central workhorse model of open economy macroeconomics: the Mundell-Fleming model. I first explain the three equations of which it consists (IS curve, LM curve, and IP curve) and then depict the model graphically. Finally, I use the model to analyze the effects of contractionary monetary policy, expansionary fiscal policy, and of a policy mix of contractionary modetary policy combined with expansionary fiscal policy.
For the full Intermediate Macroeconomics Cource, please see the following lectures:
• Macroeconomics: The Go...
• Macroeconomics: The Mu...
• Macroeconomics: The IS...
• Macroeconomics: Moveme...
• Macroeconomics: The Mo...
• Macroeconomics: The LM...
• Macroeconomics: The IS...
• Macroeconomics: The La...
• Macroeconomics: The Ph...
• Macroeconomics: The IS...
• Exchange Rates
• Purchasing Power Parity
• Interest Rate Parity
• Open Economy: The Good...
• Open Economy: Fiscal P...
• Open Economy: Increase...
• Open Economy: Effects ...
• Open Economy: Reducing...
• Open Economy: The Mars...
• Open Economy Macroecon...
• The Solow Model
• The Solow Model With T...

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20 сен 2024

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@KlausPrettner Месяц назад

Thank you for watching the video and for leaving your comments. If you are interested in more videos on Intermediate Macroeconomics, the full lecture can be found here: The Goods Market: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-jgfSE6jAXWM.html The Multiplier Effect: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-9eeBixxQa_o.html The IS Curve: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-g6aba0V6ifo.html Movements Along the Curve or Shifts of the Curve: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-LR5S4xL0DJE.html The Money Market: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-I2iUZVoKkm0.html The LM Curve: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-A5jV_0ZIRU4.html The IS-LM Model: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-e_3clidGpfE.html The Labor Market: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-r8qRf_kIeek.html The Phillips Curve: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-c55Gz1oKr7w.html The IS-LM-PC Model: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7zvc1ECNHAo.html Exchange Rates: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-QKf7fQCjfVY.html Purchasing Power Parity: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-00H3hXF85Ns.html Interest Rate Parity: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_LVPhfBBGNs.html Goods Market in the Open Economy: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-CS-fjsU4XBQ.html Fiscal Policy and the Multiplier in the Open Economy: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-w5agukcULuo.html Open Economy: Effects of Increases in Foreign Demand: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-fCzqV8KEFhw.html Open Economy: Effects of a Currency Depreciation: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-zTza0XO-52Q.html Reducing the Trade Deficit: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-S5Mv-WC6iNk.html The Marshall-Lerner Condition: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Yw3Y74DEge8.html The Mundell-Fleming Model: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yRefsZdU1No.html The Solow Model: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-t8Q-2P0P3E4.html The Solow Model with Technological Progress: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-sP_eQoPMAKg.html