Open-Economy Macroeconomics Basic Concepts (Chapter 18)
Lecture 21
Open Economy Macroeconomics The Final Frontier. Closed Economy Macroeconomics Y = C + I + G (Goods Market) S = I + (G-T) (Asset Market) There is only.
Slide 0 CHAPTER 5 The Open Economy In Chapter 5, you will learn… accounting identities for the open economy the small open economy model what makes.
Review of the previous lecture Nominal interest rate equals real interest rate + inflation rate. Fisher effect: nominal interest rate moves one-for-one.
Ohio Wesleyan University Goran Skosples 6. The Open Economy
