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{ 2008 01 25 }

EC6012 Lecture 7 Government Money with Porfolio Choices and Expectations

Introduction

In this lecture, we’ll finish off the PC model and extend it’s solution set to include expectations. What we are left with is the workhorse model of structuralist macroeconomics, onto which we can bolt on many other things, including an open economy, a growing economy, and a welfare economy.

Length: 1.5 hours.

Click the link below to download slides, handouts, and get links to further reading.

Slides


Handouts


Ec6012 Lecture 7 Notes

Further Reading

Godley and Lavoie, Chapter 6.

Posted by Stephen Kinsella on Friday, January 25, 2008, at 1:02 pm. Filed under EC6012. Follow any responses to this post with its comments RSS feed. Both comments and trackbacks are currently closed.