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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, Keynes’ Law and Say’s Law in the AD/AS Model
Unrestricted Use
CC BY
Rating
0.0 stars

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
OpenStax Principles of Macroeconomics 2e, The Aggregate Demand/Aggregate Supply Model, Macroeconomic Perspectives on Demand and Supply
Unrestricted Use
CC BY
Rating
0.0 stars

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