I just read 24 pages on this and you explained it all in 3 minutes!! thank you!
@Katurha
8 жыл бұрын
+zaki1981 my final are in 30min, i read 90 pages last night and i got it now. fuck it
@rohansarda2696
6 жыл бұрын
zaki1981
@mikeash7193
3 жыл бұрын
I had this in college in 1979. Fifteen years later I ran into the econ professor that taught the class. I asked him a question about IS-LM and he said...'they don't even use that anymore'. Apparently, they just make this stuff up so professors can have jobs.
@juandeag5194
2 жыл бұрын
Yeah that's true. I'm studying at university now and my professor told us the exact same :) It is too simple nowadays to be used for anything. But it isnt made up, just old (from 1936)
@joshuajohn5832
Жыл бұрын
you can imagine a model like the valence electron model in chemistry- it’s a very simple model that doesn’t reflect reality or what we know now, but it gets to the core concepts and allows for a foundational understanding of these ideas
@plapplupify
Жыл бұрын
@@joshuajohn5832 I study at university and we do use this still today, at least in Denmark. I don't think it's used for its accuracy, but rather to show students how the different macroeconomic factors are connected to each other.
@Fidel_cashflo
6 ай бұрын
Economics is an ideological practice. They switched to an aggregate demand-aggregate supply model in most macro textbooks because it justified austerity governence better
@Franckzzz
5 ай бұрын
Making up and using an old model is different. Get that correct.
@JCwifMGMT
3 жыл бұрын
No joke, I have watched a few IS LM curve videos on KZitem just now, all the lecturers sound drunk, dunno why, maybe cfa hits everyone too hard
@makxparkx
10 жыл бұрын
brief and clear,really good explained
@vapecane7788
2 жыл бұрын
Look ok LOh look Ok I M Loo O M O.K. I’m Lo Look
@jonbolin344
Жыл бұрын
Good explanation. Thank you!!!!
@fatoskryeziu6801
5 жыл бұрын
Haha, that's why they say "simple, make it simple, man!" Thank you!
@FreeEconHelp
5 жыл бұрын
Thanks!
@AnushaeSays
8 жыл бұрын
THANKYOU!!! i finally get it!
@anglonrx2754
9 ай бұрын
This is different to what we were taught? for LM curve our lecturer went on about speculative demand, people guessing what's going to happen to rates of return on bonds and lending
@diegodavie
Жыл бұрын
Great video!!!!!
@NgocNguyen-kv5rd
2 жыл бұрын
You try to give the video more brightness it will be great if you do
@ryancortez4416
2 жыл бұрын
you just saved my grade
@ryverarakshitarathore
3 жыл бұрын
Very simple way of explaining.....
@IAP_mkt
3 жыл бұрын
very interesting insight thank you!
@robinsonsj
3 жыл бұрын
Is it real interest rate or nominal interest rate data that we need to use when we talk about the monetary policy of a country? Can someone pls help me?
@joeyjackson5941
Жыл бұрын
This model just deals with nominal
@BinhNguyen710
10 жыл бұрын
Thank you. This is very clear
@abito_lady
9 жыл бұрын
this is great.
@lolislayer1643
4 ай бұрын
Why use r for the interest rate in the IS equation but i in the LM equation?
@lolislayer1643
4 ай бұрын
nvm... it's nominal vs real interest rate
@selenguner9999
4 жыл бұрын
Perfect! I literally got it
@sisaymekuria1824
2 жыл бұрын
I rea manikiw text 24 hours but I have not understand, however in this video very clear so thanks
@blessingsgchanda5710
2 жыл бұрын
🥰very well explained
@bushcraftallday
3 жыл бұрын
Thanks bruv
@bashydee4936
4 жыл бұрын
real not nominal interest rates?
@aldwinflores7029
10 ай бұрын
1:50 is why I’m here.
@augustinewanyonyi1242
10 жыл бұрын
Nice video
@waksibra
10 жыл бұрын
Y = GDP
@NathanWin
11 жыл бұрын
whats y?
@limoszin
11 жыл бұрын
Grt this well expounded
@harrygroundwater2590
9 ай бұрын
Anyone else here from ANU?
@kingofshitland
11 жыл бұрын
The national income
@cavved
11 жыл бұрын
naw bawd
@MohdShadab-hb6sp
3 жыл бұрын
uu8i
@MohdShadab-hb6sp
3 жыл бұрын
Jjo🛫
@nhungnguyen-pe2uj
2 жыл бұрын
You try to give the video more brightness it will be great if you do
@tranhuong896
2 жыл бұрын
You try to give the video more brightness it will be great if you do
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