Macroeconomics/Related Articles: Difference between revisions

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imported>Nick Gardner
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Revision as of 09:14, 12 January 2009

This article is developed but not approved.
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A list of Citizendium articles, and planned articles, about Macroeconomics.
See also changes related to Macroeconomics, or pages that link to Macroeconomics or to this page or whose text contains "Macroeconomics".

Index

See the related articles subpage to the article on economics [1] for an index to topics referred to in the economics articles.

Parent articles

Economics

Subtopics

Keynesianism, IS-LM model, monetarism,


Related topics

Banking, Money Supply,

Glossary

  • Built-in stabilisers [r]: the stabilising characteristic of an economy that arises from the fact when output falls, taxes fall and government spending rises, both of which tend raise output - and from the fact that when output rises, taxes rise and government spending, both of which tend to reduce output. [e]
  • Credit crunch [r]: the failure of the banking system to satisfy the economy's need for credit. [e]
  • Deflation [r]: a persistent sequence of reductions in the general level of prices. [e]
  • IS-LM model [r]: Model of simultaneous equilibrium in the product and money markets - shown graphically as two intersecting interest rate/spending graphs, one depicting the investment/savings (I/S) relation and the other the liquidity/money (L/M) supply relation (also known as the Hicks-Hansen model). [e]
  • Mundell-Fleming Model [r]: An open-economy version of the IS-LM model that allows for international trade and international capital flows. [e]
  • Output gap [r]: the percentage difference between the current value of the output of an economy, and that economy's normal output trend. [e]
  • Quantitative easing [r]: Add brief definition or description
  • Recession [r]: Add brief definition or description
  • Supply-side measures [r]: measures taken with the purpose of increasing a country's economic efficiency, e.g. by removing barriers to competition or counter market failures. [e]