EC210 ~ MACRO

[e]

EC210 ~ MACRO

[e]

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[e]

Ec210 MACRO (Tom C)

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t(.)e(.)cunningham(at)lse(.)ac(.)uk

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<h2 style="margin-top: 0px;">Ec210 MACRO (Tom C)</h2>
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<ol>
<li> <a href="./?body=Home">Home</a><br />
<li> <a href="./?body=Handout">Handout</a>
<li> <a href="./?body=Notes">Economic Modelling</a>
<li> <a href="./?body=FirstTerm">First Term Summary</a>
<li> <a 
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<li> <a href="./?body=Models">Models</a>
<li> <a href="./?body=Issues">Issues</a>
<li> <a href="./?body=PDVs">Present Discounted Values</a>
<li> <a href="./?body=Questions">Questions</a>
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[e]

IMPORTANT: This is not official LSE teaching material, use at your own risk!

[e]

Questions

Q: difference between real & financial crowding out? Real crowding out is through the limit on aggregate supply (natural rate of output), where prices rise until you return to that level. So if government expenditure increases by £100 then in the medium run private expenditure must decrease by £100.