IS-LM Model

Definition

A Keynesian macroeconomic model, popular especially in the 1960s, in which national income and the interest rate were determined by the intersection of two curves, the IS-curve and the LM-curve.

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If you want to try and figure out a new way to proceed you may want to try and use the is-lm model.

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You should try and come up with an is-lm model that will allow others to see the plan that you have.

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The Is-lm model was an important thing for us to pay attention to because it was a model that helped out a lot.

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