Block 1 – Aggregate Demand and Supply
Aggregate Demand
Aggregate Supply
Equilibrium Output and Prices
Block 2 – Expectations, Inflation and Unemployment
Adaptive Expectations
Rational Expectations
Inflation and Unemployment
Block 3 – Balance of Payments and Exchange Rate
Financial Markets
Balance of Payments
Exchange Rate Determination
Block 4 – Open Economy Models
Mundell-Fleming Model
Dornbusch’s Overshooting Model
Macroeconomic Policy in an Open Economy
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