Abstract
Part 1 Aggregate demand: model 1 - the basic model of income determination model 2 - extension to the government sector, an introduction to fiscal policy model 3 - extension to the monetary sector model 4 - a long run model with asset accumulation, the dynamics of budget finance model 5 - a simulation model with asset accumulation and interest payments. Part 2 Aggregate supply: model 6 - the dynamics of economic policy in an inflationary economy model 7 - a simulation model of output and inflation with asset accumulation. Part 3 The open economy: model 8 - an open economy model with flexible exchange rates model 9 - a simulation model for an open economy with fixed exchange rates model 10 - a simulation model of an open economy with flexible exchange rates.
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