Introduction. Short mentions of the history of Samuelson Multiplier-Accelerator Model or the Hansel-Samuelson Model and the idea of the paper. Thesis statement. Models based on the interaction between the accelerator and multiplier are models of Keynesian sense and describe the process of economic transition from one equilibrium state to another when exogenous parameters change. Samuelson Multiplier-Accelerator Model is a model of the business cycle, in which the mechanisms of market fluctuations are explained on the basis of the principle of acceleration and the multiplier concept.
Main body.
Basis of the Samuelson Multiplier-Accelerator Model: Samuelson Multiplier-Accelerator Model includes only the market of ...
