In this introduction to Keynesian macroeconomic dynamics, you will use the IS-LM model to recognize how macroeconomic events impact GDP and real interest rate levels. The tool allows you to visualize how different factors—including consumer spending, income tax rate, money supply―shift the position of the IS and LM curves.
Select the Slide Deck for an overview of the tool. Then use the Link to Platform to try the application yourself. Your instructor may have additional guidance regarding the use of this Teaching Tool.