Ch03Ad hoc Dynamic Macroeconomics The AS-AD Model(高级宏观经济学-柏林洪堡大学,Michael C. Burda).pdfVIP

Introduction to Advanced Macroeconomic Analysis (IAMA) Lecture # 3 Ad hoc Dynamic Macroeconomics: The AS-AD Model IAMA / Lecture #3 1 Summary • Review of last time • Extensions of static models not covered in course • Macroeconomics as the study of aggregate dynamics • The foundations of macro dynamics • The AS-AD Model as a vehicle for learning about dynamics of deterministic and stochastic difference equations IAMA / Lecture #3