GDP
Macro economics ppt
Unit 3: Aggregate Demand and Supply and Fiscal Policy 1.
Warm-Up Class Reflections: We have just completed our first midterm …and each of you has a good feel of this class. What has been the most challenging.
National Income Accounting, A theoretical discussion.
National income
Test Your Knowledge GDP Click on the letter choices to test your understanding ABC.
Chapter 13 -- Determining Aggregate Demand (AD) zThis chapter -- looks at the components of Aggregate Expenditure. zExamines the major causes of Consumption.
Measuring Output and The Price Level zClose look at the measures of the “big two” goal variables -- real GDP and the price level (to compute the inflation.
Macroeconomic Fundamentals 1.Aggregate demand product market equilibrium 2.Aggregate money market 3.General equilibrium.
To begin to understand the factors influencing the components of Aggregate Demand To begin to understand the relative importance of these components.