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Lecture%203 - Lecture 3 Chapter 9 Aggregate Demand and...

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Lecture 3 Semester 2 2010 htay 1 Lecture 3- Chapter 9 Aggregate Demand and Aggregate Supply Analysis
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Lecture 3 Semester 2 2010 htay 2 Learning Objectives Discuss the determinants of aggregate demand and distinguish between a movement along the aggregate demand curve and a shift of the curve. Discuss the determinants of aggregate supply, and distinguish between a movement along and a shift of the curve. Use the aggregate demand and aggregate supply model to illustrate the difference between short- run and long-run equilibrium. Use the dynamic aggregate demand and aggregate supply model to analyse macroeconomic conditions.
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