What Is the IS-LM Model in Economics - 2024 - MasterClass
https://www.masterclass.com/articles/what-is-the-is-lm-model-in-economics
WebOct 12, 2022 · The IS-LM model is a way to explain and distill the economic ideas put forth by John Maynard Keynes in the 1930s. The model was developed by the economist John Hicks in 1937, after Keynes published his magnum opus *The General Theory of Employment, Interest and Money* (1936).
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