|
|
|||||||||
 |
|
Arrows express an influence of the first variable on the second one. |
A sign "+" means that the change in the first variable provokes a change in the same direction for the second ("an increase give rise to an increment"). | By contrast, a sign "-" shows that the change in the second variable will be in the opposite direction ("a fall in ... will increase ..."). |
| Click directly on the interactive map for macroeconomics concepts and relationships. | ||
| For a justification of the signs, just click here. | ||
| For two examples of interpretation of the scheme, see here. | ||
|
If you have never heard of IS-LM model click here.
|
||
|
The
key concepts involved in this scheme
|
||
| If you would like to modify this graph, e.g. for changing the names of the variables in accordance with your preferite textbook or for adding new variables / relationships, just download the MS Word file with the macroeconomics system map from here. | ||
|
US economy data for all the variables in IS-LM model
|
||
| If you can't see the entire scheme on the screen, you may try to customize your browser, for example hiding the MS Explorer buttons (Menu: View; Line: Toolbars; Option: Standard Buttons - unchecked) or Netscape buttons (Menu: View; Line: Show; Option: Navigation Bar - unchecked). | ||
|
Contents |
||
| More on business cycles... | ||
