This video explains the effects of expansionary fiscal and monetary policies on the output, employment, price level and the interest rate in a Keynesian AD-AS framework.
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Interest Rate in Classical Theory: Determination and its role as an automatic stabilizer.
Optimum Pollution Reduction and Price Regulation.
Private Sector Underprovision of Public Goods
Public Goods and Market Failure
The Theory of Structural Change: Lewis Model
Investment Function
Aggregate demand management policy
Intertemporal Choice between Present and Future Consumption
Simultaneous Equilibrium in Commodity and Money Markets of an Open Economy- Mundell-Fleming Model
International Trade and Simple Keynesian Model (Fixed Exchange Rate Regime)
Rational Expectations and Policy Ineffectiveness.