14.02 | Spring 2023 | Undergraduate

Principles of Macroeconomics

Lecture 11: The IS-LM-PC Model

The IS (Investment Saving), LM (Liquidity Preference - Money Supply), and PC (Philips Curve) model looks at the dynamics of output and inflation. It relates to the central bank policy decision to adjust the inflation and real interest rate in the economy.

Course Info

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As Taught In
Spring 2023
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Exams with Solutions
Lecture Videos
Problem Sets with Solutions