EuroInt, Lecture #9: The Macroeconomics of Exchange Rate Regimes

Overview:
• Overview of rest of course
• Macroeconomics of fixed and flexible exchange rates: An easy, graphical review
- Mundell-Fleming IS-TR model (short-run Keynesian analysis of output, interest rates, and exchange rates)
- AS-AD model (medium- to long-run analysis of inflation and output)
• The central problem: How does a region with an under- or overvalued real exchange rate adjust?
by Prof. Burda
#macroeconomics #europe #integration #fixed #exchangerates #flexible #exchangerates #IS-TR #AS-AD
further helpful content:
Macroeconomics I: / watchv=g4gv3vy1idg&lis...
Macroeconomics II:
/ watchv=aozq9gdiopw&lis...
MacroNotes:
• MacroNotes - 1. Introd...