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Chapter 12: The IS-LM-BP Model

Chapter 12: The IS-LM-BP Model. Constructing the IS-LM-BP Model The Open Economy IS Curve (The ISXM Schedule) The BP curve The Open Economy LM Curve Exchange Rate Regimes Equilibrium in the IS-LM-BP Model Comparative Statics The Mundell-Fleming Model. Learning objectives.

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Compensating Wage Differentials

Compensating Wage Differentials. We know different people get paid different wages. In this section we focus on the differences in the JOBS that lead to differences in pay. Later we look at differences in people.

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Upward sloping function - PowerPoint PPT Presentation

Chapter 12: The IS-LM-BP Model

Compensating Wage Differentials