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The ISLM-BOP Model: The Goods Market, the Money Market, and the Balance of Payments

In: International Trade and Global Macropolicy

Author

Listed:
  • Farrokh Langdana

    (Rutgers Business School)

  • Peter T. Murphy

Abstract

This chapter introduces “the engine room” of global trade and macroeconomics, the ISLM-BOP model. The ISLM-BOP model is a powerful tool that will allow us to synthesize the various components of the global macroeconomy and analyze the effects of a multitude of events and policy changes.

Suggested Citation

  • Farrokh Langdana & Peter T. Murphy, 2014. "The ISLM-BOP Model: The Goods Market, the Money Market, and the Balance of Payments," Springer Texts in Business and Economics, in: International Trade and Global Macropolicy, edition 127, chapter 0, pages 169-227, Springer.
    • Handle: RePEc:spr:sptchp:978-1-4614-1635-7_9
    DOI: 10.1007/978-1-4614-1635-7_9
    as

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