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SIMPLIFIED MODELS OF ECONOMIC POLICY: AN IN-DEPTH ANALYSIS

Iskandarov Bekzod AbdijalilovichSenior lecturer of the department of "Economic Theory" Samarkand institute of economics and serviceIkhtiyorjonova Fotima IkhtiyorjonovnaStudent of Samarkand institute of economics and service
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Abstract

This study examines simplified models of economic policy, emphasizing their role in macroeconomic decision-making and policy design. Simplified models, while abstracting from real-world complexity, provide essential frameworks for understanding the interactions between fiscal and monetary policy, output, inflation, and employment.

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