Content 1.The Mundell-Fleming model 2.Policy analysis under floating exchange rates 3.Policy analysis under fixed exchange rates 4.Interest rate differentials 5.Mundell-Fleming model as an AD theory 6.Case study 7.Chapter summary CHAPTER 12 Aggregate Demand in the Open Economy slide 2slide 2 1. The Mundell-Fleming model 2. Policy analysis under floating exchange rates 3. Policy analysis under fixed exchange rates 4. Interest rate differentials 5. Mundell-Fleming model as an AD theory 6. Case study 7. Chapter summary