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Principles of Macroeconomics 2e
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CC BY
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Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition.

Subject:
Economics
Social Science
Material Type:
Full Course
Date Added:
07/18/2021
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
Author:
OpenStax College
Date Added:
07/18/2021
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
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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
Author:
OpenStax College
Date Added:
07/18/2021