Energy Lecture 3
Azie Eco211 Chap6 Inflation and Unemplymnt 2008
Case Fair Macro
aggregate demand supply
AS - AD. Aggregate Supply –relates output and price level –labor market Aggregate Demand –relates output and price level –IS - LM.
We will now consider AD and AS together An economy’s equilibrium price level and real output occur at the intersection of the AD and AS curves 10.3.
Economics of Management Strategy BEE3027 Miguel Fonseca Lecture 8.
Economics for CED Noémi Giszpenc Spring 2004 Lecture 11: Macro: Government Policy and the Keynesian Model June 21, 2004.
Slide #1 Goods & Financial Markets: The IS-LM Model The IS-LM Model The determination of output and interest rates in the short-run.
Slides are prepared by Dr. Amy Peng, Ryerson University Chapter Eleven Monetary Policy and Fiscal Policy in the Short Run Macroeconomics by Curtis, Irvine.
Chapter 7: The AS-AD ModelBlanchard: Macroeconomics Slide #1 The AS-AD Model Determination of Output in the short-run and medium-run Requires equilibrium.
