IS and LM curves, their characteristics, and limitations to understand macroeconomic equilibrium in goods and money markets.

Discover how the Gordon Growth Model calculates stock value using constant dividend growth, including key inputs and examples ...

Financial institutions are increasingly using economic capital models to help determine the amount of capital they need to absorb unexpected losses. These models typically aggregate capital based on ...

The method of model averaging has become an important tool to deal with model uncertainty, for example in situations where a large amount of different theories exist, as are common in economics. Model ...

Rodrik’s recent book, “Economics Rules: The Rights and Wrongs of the Dismal Science,” looks at the strength and weaknesses of economic models.