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A Dynamic AD-AS Analysis of the UK Economy, 2002-2010

By
  • Anthony Evans

Originally published in Journal of Private Enterprise

This educational note helps instructors to utilize the Cowen/Tabarrok dynamic AD-AS model. I use it to interpret some major shocks and policy responses that hit the UK economy from 2002 through 2010 and I describe how to incorporate the model into a classroom setting.

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