Unrestricted Use
CC BY
- Material Type:
- Full Course
- Provider:
- Rice University
- Provider Set:
- OpenStax College
- Date Added:
- 06/29/2017
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Unrestricted Use
CC BY
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
Unrestricted Use
CC BY
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
Unrestricted Use
CC BY
By the end of this section, you will be able to:
Identify the neoclassical zone, the intermediate zone, and the Keynesian zone in the aggregate demand/aggregate supply model
Use an aggregate demand/aggregate supply model as a diagnostic test to understand the current state of the economy
- Subject:
- Mathematics
- Material Type:
- Module
- Date Added:
- 08/21/2018
Unrestricted Use
CC BY
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