EC6012 Lecture 5 Notes and Handouts

This week we looked into solving the SIM model by hand, and looking at the Keynesian Multiplier in the Process. The handouts from today are available for download below:

EC6012 Lecture 5_sildes_handout.pdf

EC6012_L5_numerical_example.jpg

For next week: we’ll finish off Dynamics in the SIM model, and move onto chapter 4 of GL. You should read chapter 4 before the lecture. I’ll also be handing out sample exams.