Umada Tetsuji
Affiliate Master
Yamaguchi University
An alternative simple macroeconomic model
山口経済学雑誌 Volume 65 Issue 6
Page 351-367
published_at 2017-03-31
Title
45度線モデルの代替的な簡単なマクロ経済モデル
An alternative simple macroeconomic model
Source Identifiers
Usually 45 degree macroeconomic model is taught for beginners as the primary determination theory of GDP. Though the model is easy to understand , it considers only expenditure side of GDP. By considering income side of DGP, students can understand the circulation of macro economy and the determination of GDP, excess private saving, government budget deficit and trade balance in a unified manner.
Languages
jpn
Resource Type
departmental bulletin paper
Publishers
山口大學經濟學會
Date Issued
2017-03-31
File Version
Version of Record
Access Rights
open access
Relations
[ISSN]0513-1758
[NCID]AN00243258
Schools
経済学部