Y1 - Macroeconomics

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Lectures

Week 3

Erasmus Universiteit · Int. Economics and Business Economics

Y1 - Macroeconomics

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Week 3:
L7: Private Sector Demand: Consumption and Investment
1. Optimal consumption and change in expected income
2. Consumption smoothing
3. Determinants of consumption: income or wealth
4. Investment
L8: Money, interest rates and monetary policy
L9: Macroeconomic Equilibrium in the Short Run
Business cycle:
IS-TR Model:
Goods market:

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