This course contains 9 segments:
Aggregate demand
A lesson on aggregate demand, its components and the model showing the relationship between a nation's aggregate price level and the quantity of real output demanded.
Multipliers
A lesson on the expenditure and tax multipliers
Short-run aggregate supply
A lesson on short-run aggregate supply, its determinants, and the relationship between a nation's aggregate price level and the quantity of output supplied by the nation's firms in the short run.
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This course contains 9 segments:
Aggregate demand
A lesson on aggregate demand, its components and the model showing the relationship between a nation's aggregate price level and the quantity of real output demanded.
Multipliers
A lesson on the expenditure and tax multipliers
Short-run aggregate supply
A lesson on short-run aggregate supply, its determinants, and the relationship between a nation's aggregate price level and the quantity of output supplied by the nation's firms in the short run.
This course contains 9 segments:
Aggregate demand
A lesson on aggregate demand, its components and the model showing the relationship between a nation's aggregate price level and the quantity of real output demanded.
Multipliers
A lesson on the expenditure and tax multipliers
Short-run aggregate supply
A lesson on short-run aggregate supply, its determinants, and the relationship between a nation's aggregate price level and the quantity of output supplied by the nation's firms in the short run.
Long-run aggregate supply
A lesson on the total supply of output produced by a nation, otherwise known as the full employment, potential level of output
Equilibrium in the AD-AS Model
A lesson on the short-run equilibrium and real GDP determination in the AD-AS model
Changes in the AD-AS model in the short run
A lesson on how changes in aggregate demand and aggregate supply will affect equilibrium national output in the short run
Long run self-adjustment
A lesson on how an economy will adjust to changes in aggregate demand and aggregate supply in the long run, when all wages and prices are flexible
Fiscal policy
A lesson on fiscal policy: the government's use of taxes and spending to influence the level of aggregate demand, national output and employment, and the price level
Automatic stabilizers
A lesson on the automatic stabilizers built into government's budget which promote macroeconomic stability in the short run
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