Brief Outline of Topics Covered in Lecture 17
Chapter 22 Understanding Business Cycle Fluctuations [cont.]
Using the AD-AS Framework
- How Do Policymakers Achieve Stabilization Objectives?
- The Opportunity Created by SRAS Shocks
LRAS Shocks
Credibility
Video:
Additional Reading:
- What the IMF should tell Europe - Martin Wolf
- Trouble around the other periphery - The Economist
- Real House Prices and House Price-to-Rent - Calculated Risk
- How Paulson Gave Hedge Funds Advance Word - Bloomberg
- Will Blackboard be disrupted? - Digitopoly
- Italy and Japan - Kash Mansori
- The German Hour - Jean Pisani-Ferry
- Global growth: Recessions for whom? - The Economist
- Aggregate Demand and the Global Economic Recovery - Janet Yellen
