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lectures/lake_model.md

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</div>
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```
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# A lake model of employment and unemployment
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# A Lake Model of Employment and Unemployment
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```{index} single: Lake Model
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```
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In addition to what's in Anaconda, this lecture will need the following libraries:
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```{code-cell} ipython
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---
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tags: [hide-output]
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---
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:tags: [hide-output]
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!pip install quantecon
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```
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We also need to install JAX if you haven't done so already:
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```{code-cell} ipython3
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:tags: [skip-execution]
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!pip install --upgrade jax
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```
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## Overview
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This lecture describes what has come to be called a *lake model*.

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