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OpenStax Principles of Macroeconomics 2e, The Aggregate Demand/Aggregate Supply Model, Building a Model of Aggregate Demand and Aggregate Supply
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OpenStax Principles of Macroeconomics 2e, The Aggregate Demand/Aggregate Supply Model, Building a Model of Aggregate Demand and Aggregate Supply
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By the end of this section, you will be able to:

Explain the aggregate supply curve and how it relates to real GDP and potential GDP
Explain the aggregate demand curve and how it is influenced by price levels
Interpret the aggregate demand/aggregate supply model
Identify the point of equilibrium in the aggregate demand/aggregate supply model
Define short run aggregate supply and long run aggregate supply

Subject:
Mathematics
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