Explaining the macroeconomic rationale for a strategy of “forward guidance”.

PayPal Acceptance Mark

Order Details
Shortly after his appointment in 2013, the new Governor of the Bank of England Mark Carney implemented a strategy of “forward guidance”. When presenting this strategy he said that the Bank would not consider raising interest rates until the unemployment rate has fallen to 7% or below.
However, that link could be put aside if the inflation rate threatens to rise above 2.5% in the medium term.
Write an essay, not exceeding 1500 words, explaining the macroeconomic rationale for this strategy. Your analysis MUST include use of the closed economy IS-LM model. However, you may in addition use any other macroeconomic models or concepts covered in this course.
Important: You must include at least two line diagrams in your essay, although equations may also be used. If you do not include diagrams in your essay, you will not receive a pass mark.
Writer needs to use the line diagrams in IS-LM model separately or together.
Diagrams from aggregate demand also can be used

PayPal Acceptance Mark

Do You Need A Similar Assignment?

Place an order with us. Our skilled and experienced writers will deliver a custom paper which is not plagiarized within the deadline which you will specify.

Note; 6 Hours urgent orders deliver also available.

If you need more clarifications contact our support staff via the live chat for immediate response.


Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page: