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  • aggregate-supply
OpenStax Principles of Macroeconomics 2e, Government Budgets and Fiscal Policy, Using Fiscal Policy to Fight Recession, Unemployment, and Inflation
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OpenStax Principles of Macroeconomics 2e, Government Budgets and Fiscal Policy, Using Fiscal Policy to Fight Recession, Unemployment, and Inflation
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By the end of this section, you will be able to:

Explain how expansionary fiscal policy can shift aggregate demand and influence the economy
Explain how contractionary fiscal policy can shift aggregate demand and influence the economy

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018
MoreLess
OpenStax Principles of Macroeconomics 2e, The Aggregate Demand/Aggregate Supply Model, Introduction to the Aggregate Supply–Aggregate Demand Model
Unrestricted Use
CC BY
OpenStax Principles of Macroeconomics 2e, The Aggregate Demand/Aggregate Supply Model, Introduction to the Aggregate Supply–Aggregate Demand Model
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In this chapter, you will learn about:
Macroeconomic Perspectives on Demand and Supply
Building a Model of Aggregate Demand and Aggregate Supply
Shifts in Aggregate Supply
Shifts in Aggregate Demand
How the AD/AS Model Incorporates Growth, Unemployment, and Inflation
Keynes’ Law and Say’s Law in the AD/AS Model

Subject:
Mathematics
Material Type:
Module
Date Added:
08/21/2018
MoreLess
OpenStax Principles of Macroeconomics 2e, The Keynesian Perspective, The Building Blocks of Keynesian Analysis
Unrestricted Use
CC BY
OpenStax Principles of Macroeconomics 2e, The Keynesian Perspective, The Building Blocks of Keynesian Analysis
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By the end of this section, you will be able to:

Evaluate the Keynesian view of recessions through an understanding of sticky wages and prices and the importance of aggregate demand
Explain the coordination argument, menu costs, and macroeconomic externality
Analyze the impact of the expenditure multiplier

Subject:
Mathematics
Material Type:
Module
Date Added:
08/21/2018
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OpenStax Principles of Macroeconomics 2e, The Neoclassical Perspective, The Building Blocks of Neoclassical Analysis
Unrestricted Use
CC BY
OpenStax Principles of Macroeconomics 2e, The Neoclassical Perspective, The Building Blocks of Neoclassical Analysis
Rating
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By the end of this section, you will be able to:

Explain the importance of potential GDP in the long run
Analyze the role of flexible prices
Interpret a neoclassical model of aggregate demand and aggregate supply
Evaluate different ways for measuring the speed of macroeconomic adjustment

Subject:
Mathematics
Material Type:
Module
Date Added:
08/21/2018
MoreLess