Explores the effects of government spending on the economy, exchange rates, and output, alongside discussions on fiscal and monetary policies and a case study on the U.S. economic slowdown of 2001.
Explores the effects of a permanent increase in money supply on short- and long-run equilibrium and discusses empirical evidence on the Fisher relationship.
Examines the interplay between market dynamics and social welfare, highlighting the roles of willingness to pay and willingness to accept in economic models.