Teaching Real Business Cycles to Undergraduates
Journal
Journal of Economic Education
ISSN
0022-0485
Type
journal article
Date Issued
2007-07-19
Author(s)
Abstract
The authors review the graphical approach to teaching the real business cycle model introduced by Barro (1984). Graphical and exact models are compared by means of impulse response functions. The graphical analysis can be used to equip students with an understanding of the economy's supply side dynamics.
Language
English
Keywords
real business cycles
dynamic general equilibrium models
undergraduate teaching
HSG Classification
not classified
Refereed
Yes
Publisher
Heldref Publications
Publisher place
Washington, D.C.
Volume
38
Number
2
Start page
229
End page
248
Pages
20
Subject(s)
Division(s)
Eprints ID
38447