ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Analyse specifically 2 events in Japan during 2023-2024 affecting whole Japan economy: 1. Yen Depreciation and 2. Increase in Oil Prices on IS-LM model to discuss the dynamics based on 2 events. Make sure to explain the dynamics in the money and the commodity and goods market. Do 2 events seperately, 2 events were analyzed by 2 IS - LM model, do not combine 2 events in only 1 IS-LM model. Explain which factors shift IS, which factors shift LM and shift left or right and equilibrium and does IS or LM shift more? Explain specifically for 2 IS-LM model please. Draw 2 models on paper if you can please.
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