[suman]

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Hello sir, please give me here Introduction to Macroeconomics IS LM model in PDF form?

[Vishal Kotkar]

The IS–LM model is a macroeconomic tool that shows the relationship between interest rates (ordinate) and assets market.

The model was developed by John Hicks in 1937, and later extended by Alvin Hansen, as a mathematical representation of Keynesian macroeconomic theory.




Here is PDF of Introduction to Macroeconomics IS LM Model:


IS relation:
The supply of goods must be equal to the demand for goods

LM relation:
The supply of money must be equal to the demand for money

References:

IS-LM and Modern Macroeconomics edited by Warren Young & Ben-Zion Zilberfarb – Recent Economic Thought (Book 73) – Kluwer Academic Publishers – 2000

Rethinking Multipliers in a Globalized World by Raj Nallari & Leopold Engozogo – Policy Research Working Paper 5277 – The World Bank – April 2010

Macroeconomics for Managers by Michael K. Evans – Blackwell Publishing Ltd. – 2004

The Economics of Money, Banking, and Financial Markets (Ninth Edition) by Frederic S. Mishkin – Prentice Hall – July 2009