The Mundell-Fleming Model

 

  1. Opening Up the IS-LM Model
    1. Trade
    2. Capital Flows
    3. Money
  2. The Model with Floating Exchange Rates
    1. Why Exchange Rates Change
    2. Equilibrium
    3. Policy Implications
  3. The Model with Pegged Exchange Rates
    1. Why the Money Supply Changes
    2. Equilibrium
    3. Policy Implications