- Material Type:
- Full Course
- Provider:
- Rice University
- Provider Set:
- OpenStax College
- Date Added:
- 06/29/2017
11 Results
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
By the end of this section, you will be able to:
Analyze GDP per capita as a measure of the diversity of international standards of living
Identify what classifies a country as low-income, middle-income, or high-income
Explain how geography, demographics, industry structure, and economic institutions influence standards of living
- Subject:
- Mathematics
- Material Type:
- Module
- Date Added:
- 08/21/2018
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
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
By the end of this section, you will be able to:
Explain how productivity growth changes the aggregate supply curve
Explain how changes in input prices change the aggregate supply curve
- Subject:
- Mathematics
- Material Type:
- Module
- Date Added:
- 08/21/2018
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
By the end of this section, you will be able to:
Explain how we can use GDP to compare the economic welfare of different nations
Calculate the conversion of GDP to a common currency by using exchange rates
Calculate GDP per capita using population data
- Subject:
- Applied Science
- Material Type:
- Module
- Date Added:
- 08/21/2018
By the end of this section, you will be able to:
Discuss how productivity influences the standard of living
Explain the limitations of GDP as a measure of the standard of living
Analyze the relationship between GDP data and fluctuations in the standard of living
- Subject:
- Applied Science
- Material Type:
- Module
- Date Added:
- 08/21/2018