The Mundell-Fleming Economic Model

Achieving macroeconomic equilibriumThis book is a practical and accessible guide to understanding the Mundell-Fleming model, providing you with the essential information and saving time. In 50 minutes you will be able to: • Learn about the IS-LM model that the Mundell-Fleming is based on and how each of the three curves of the model graph are formed, as well as how to interpret them • Analyze different exchange rate regimes and the effect they have on production, income and interest rates • Understand the effectiveness of budgetary, fiscal and monetary policies and how they interact with exchange ratesABOUT 50MINUTES.COM|Economic Culture50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. They are the starting point for readers to develop their skills and expertise.