This note analyses the inflation-targeting model that underlies recent textbook expositions of the Aggregate Demand-Aggregate Supply approach used in introductory courses in macroeconomics. The paper shows how numerical simulations of a model with inflation inertia can be used as a tool to help...

The Union of the Comoros’s Interim Poverty Reduction Strategy (PRGS) paper reports that the government’s macroeconomic objectives under the PRGS framework entail preserving major economic equilibria. To increase control over government spending, the government intends to reduce the...

Purpose – The purpose of this paper is to explore Meka's method – an innovative teaching and training tool to teach and train students and trainees effectively to achieve desired teaching and training takeaways. Design/methodology/approach – The methodology is gleaned from the author's 31...