Abstract:

Norway is one of the few countries that haven’t been significantly affected by the current economic crisis triggered worldwide. Joint Norwegian economic model based primarily on the role of the state, explains the keeping of the position of the country away from the negative effects of the crisis. In this context, the paper sought to highlight the links established between the gross domestic product, the interest rates, the supply of money and the investments in Norway, using the IS-LM model. Application of IS-LM model involves using the simultaneous equations in terms of using EViews software. Econometric analysis of the results obtained reflect the strong link established between the macroeconomic indicators analyzed, leading to the conclusion that the policy by which the market economy is supplemented by the influence of the state is the economic efficiency of the Norwegian model.