We introduce the concept of aggregate demand by comparing it to the micro concept of demand. We'll also outline the components of AD. http://econclassroom.com
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Teaching and learning Economics REMOTELY
Welcome to Economics - 2019!
Fiscal Policy's effects on Long-run Economic Growth
Automatic stabilizers in Fiscal Policy
Expansionary Fiscal Policy and the Tax Multiplier
Contractionary Fiscal Policy in the AD-AS model
The Multiplier Effect in the AD-AS model
The MPC, the MPS and the Keynesian spending multiplier
Economic growth in the AD-AS model
Long-run Equilibrium in the AD-AS Model
Demand and Supply Shocks in the AD-AS Model
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Short-run Equilibrium in the AD-AS Model
Long-run Aggregate Supply and the Keynesian AS model
Short-run Aggregate Supply (SRAS)
Movements along Aggregate Demand vs. Shifts in AD
Introduction to Aggregate Demand (AD)
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Calculating a Consumer Price Index (CPI)
Calculating Inflation using a CPI
Factors that can cause the Natural Rate of Unemployment to change
Types of Unemployment, the Business Cycle, and the Natural Rate of Unemployment (NRU)
Limitations of the Unemployment Rate