1. Open Economy Mundell-Fleming
Chapter 12 - Witte
Open Economy Mundell-Fleming
Small Open Economy
Perfect Capital Mobility r =r*, Prices Fixed
IS*
LM*

2. Small Open Economy Graphically
Chapter 12 - Witte
Small Open Economy Graphically

3. Fiscal/Monetary Policy Implications
Chapter 12 - Witte
Fiscal/Monetary Policy Implications

4. Small Open Economies with Fixed Exchange Rates
Chapter 12 - Witte
Small Open Economies with Fixed Exchange Rates

5. Imperfect Capital Mobility
Chapter 12 - Witte
Imperfect Capital Mobility
IS*
LM*

6. Financial Crisis Example 1
Chapter 12 - Witte
Financial Crisis Example 1

7. Financial Crisis Example 2
Chapter 12 - Witte
Financial Crisis Example 2

8. “Impossible” or “Incompatible” or “Unholy” Trinity
Chapter 12 - Witte
Fixed or Floating
“Impossible” or “Incompatible” or “Unholy” Trinity

9. Mundell-Fleming in Long-Run
Chapter 12 - Witte
Mundell-Fleming in Long-Run
Price not Fixed, Perfect Capital Mobility r=r*
Graphically

10. Mundell-Fleming in Long-Run Example
Chapter 12 - Witte
Mundell-Fleming in Long-Run Example

11. Chapter 12 Appendix - Witte
Large Open Economy – Wallet Model IS LM
NCO(r) = NX(RER)

12. Chapter 12 Appendix - Witte
Large Open Economy – Wallet Model, Graphically

13. Chapter 12 Appendix - Witte
Large Open Economy - Wallet Model, Example 1

14. Chapter 12 Appendix - Witte
Large Open Economy - Wallet Model, Example 2