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OpenStax Principles of Macroeconomics 2e, Demand and Supply, Demand, Supply, and Equilibrium in Markets for Goods and Services
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By the end of this section, you will be able to:

Explain demand, quantity demanded, and the law of demand
Identify a demand curve and a supply curve
Explain supply, quantity supplied, and the law of supply
Explain equilibrium, equilibrium price, and equilibrium quantity

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018
OpenStax Principles of Macroeconomics 2e, The Aggregate Demand/Aggregate Supply Model, Introduction to the Aggregate Supply–Aggregate Demand Model
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CC BY
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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
OpenStax Principles of Macroeconomics 2e, The Aggregate Demand/Aggregate Supply Model, Macroeconomic Perspectives on Demand and Supply
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Explain Say’s Law and understand why it primarily applies in the long run
Explain Keynes’ Law and understand why it primarily applies in the short run

Subject:
Mathematics
Material Type:
Module
Date Added:
08/21/2018
OpenStax Principles of Macroeconomics 2e, The Macroeconomic Perspective, Measuring the Size of the Economy: Gross Domestic Product
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CC BY
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By the end of this section, you will be able to:

Identify the components of GDP on the demand side and on the supply side
Evaluate how economists measure gross domestic product (GDP)
Contrast and calculate GDP, net exports, and net national product

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018
Principles of Macroeconomics
Conditional Remix & Share Permitted
CC BY-NC-SA
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Recognizing that a course in economics may seem daunting to some students, we have tried to make the writing clear and engaging. Clarity comes in part from the intuitive presentation style, but we have also integrated a number of pedagogical features that we believe make learning economic concepts and principles easier and more fun. These features are very student-focused. The chapters themselves are written using a “modular” format. In particular, chapters generally consist of three main content sections that break down a particular topic into manageable parts. Each content section contains not only an exposition of the material at hand but also learning objectives, summaries, examples, and problems. Each chapter is introduced with a story to motivate the material and each chapter ends with a wrap-up and additional problems. Our goal is to encourage active learning by including many examples and many problems of different types.

Subject:
Economics
Social Science
Material Type:
Textbook
Provider:
University of Minnesota
Provider Set:
University of Minnesota Libraries Publishing
Author:
Libby Rittenberg
TimothyTregarthen
Date Added:
01/01/2011