Talk:IS-LM model

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Revision as of 14:50, 15 May 2009 by imported>Nick Gardner (→‎Suggestion for a change of format: new section)
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 Definition Model of simultaneous equilibrium in the product and money markets - shown graphically as two intersecting interest rate/spending graphs, one depicting the investment/savings (I/S) relation and the other the liquidity/money (L/M) supply relation (also known as the Hicks-Hansen model). [d] [e]
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My first impression is that this article is a model of clarity, drafted in impeccable English. However, I'm sure that it will repay a more careful reading, and I will return to it soon. Nick Gardner 11:27, 12 September 2008 (CDT)

It looks very good to me too, but lacking some important developments about the limits of the model and the very important use that has been made of it (historical perspective and not only economic). --Quentin Michon 07:44, 13 September 2008 (CDT)

Suggestion for a change of format

This is an admirably clear and professional explanation of the Hicks-Hansen model, and I do not suggest altering any part of it. What I do suggest is an extension and a rearrangement that would bring its format in line with the other economics articles. The extension would be the addition of a piece of text aimed at the "intelligent layman" that would explain what IS-LM means without the use of equations or diagrams. I accept that this is very difficult to do, but I feel sure that it can be done in such a way as to satisfy that category of reader. The rearrangement would be the transfer of most of the existing text to a Tutorials subpage. Is anyone willing to tackle this? Nick Gardner 20:50, 15 May 2009 (UTC)