Table of Contents

Introduction

The IS Model. Balance in the goods market

Expansive Fiscal Policy

Extreme Case 1. The Liquidity Trap

Extreme Case 2. The Classical Case

Supply and Demand in the Goods Market

Lowered Direct taxes

Increased Public Expenditures

Price Elasticity

Income Elasticity

Investment Subventions

The information given by the multiplicator; Fiscal and monetary case

Rational Expectations

Supply-side Economics

Libertarianism

Conjunctural Theory

Macroeconomic Stability

Redistribution of Income

Unanimity or tyranny of the majority

Useful Weblinks

Bibliography

Copyright © 1995-2003 by Patrik S. Risberg. All Rights Reserved.

Last Updated: 04/30/03 09:17 PM +0200 .