Texas Education Agency
Texas Gateway: Ch. 10: Aggregate Demand/supply Model: Self Check Questions
This section provides a list of self-check study questions covering the content of Chapter 10: The Aggregate Demand/Aggregate Supply Model.
Texas Education Agency
Texas Gateway: Ch. 10: Aggregate Demand/supply Model: Key Concepts and Summary
This section summarizes each of the key concepts from Chapter 10: The Aggregate Demand/Aggregate Supply Model.
Texas Education Agency
Texas Gateway: Ch. 10: Aggregate Demand/supply Model: Key Terms
This is a list of terms and definitions used in Chapter 10: The Aggregate Demand/Aggregate Supply Model.
Texas Education Agency
Texas Gateway: 10: Keynes' Law and Say's Law in Aggregate Demand/supply Model
By the end of this section, you will be able to do the following: Identify the neoclassical zone, the intermediate zone, and the Keynesian zone in the AD/AS model and Use an AD/AS model as a diagnostic test to understand the current...
Texas Education Agency
Texas Gateway: Chapter 10: Shifts in Aggregate Supply
By the end of this section, you will be able to do the following: Explain how productivity growth changes the AS curve and Explain how changes in input prices changes the AS curve.
Texas Education Agency
Texas Gateway: Ch. 10: Buildling a Model of Aggregate Demand & Aggregate Supply
By the end of this section, you will be able to do the following: Explain the aggregate supply curve and how it relates to real GDP and potential GDP, Explain the aggregate demand curve and how it is influenced by price levels, Interpret...
Texas Education Agency
Texas Gateway: Chapter 10: Macroeconomic Perspectives on Demand and Supply
By the end of this section, you will be able to do the following: Explain Say's Law and determine whether it applies in the short run or the long run and Explain Keynes' Law and determine whether it applies in the short run or the long run.
Texas Education Agency
Texas Gateway: Ch. 10: Intro to the Aggregate Demand/aggregate Supply Model
In this chapter, you will learn about the following: Macroeconomic perspectives on demand and supply; Building a model of aggregate supply and aggregate demand, Shifts in aggregate supply; Shifts in aggregate demand; How the aggregate...
Khan Academy
Khan Academy: Lesson Summary: Short Run Aggregate Supply
In this lesson summary review and remind yourself of the key terms and graphs related to short-run aggregate supply. Topics include sticky wage theory and menu cost theory, as well as the causes of short-run aggregate supply shocks.
Khan Academy
Khan Academy: Lesson Summary: Long Run Aggregate Supply
In this lesson summary review and remind yourself of the key terms and graphs related to the long-run aggregate supply curve and its relationship to the stock of resources, technology, and the natural rate of unemployment.
Khan Academy
Khan Academy: The Building Blocks of Keynesian Analysis
Keynesian economics focuses on explaining why recessions and depressions occur and offering a policy prescription for minimizing their effects. The Keynesian view of recession is based on two key building blocks: recessions occur when...
Khan Academy
Khan Academy: Macroeconomic Perspectives on Demand and Supply
Read about the differing macroeconomic perspectives of Keynes and Say.
Khan Academy
Khan Academy: Keynes' Law and Say's Law in the Ad/as Model
Compare Keynes's and Say's law in the context of aggregate supply and demand.
Khan Academy
Khan Academy: Interpreting the Aggregate Demand/aggregate Supply Model
In order for a macroeconomic model to be useful, it needs to show what determines total supply or total demand for the economy and how total demand and total supply interact at the macroeconomic level. This model is called the aggregate...
Khan Academy
Khan Academy: Shifts in Aggregate Supply
If either the aggregate supply or aggregate demand curve shifts in the aggregate demand/aggregate supply-AD/A-model, the original equilibrium in the AD/AS diagram will shift to a new equilibrium. Increases and decreased in the price of...
Khan Academy
Khan Academy: How the Ad/as Model Incorporates Growth, Unemployment, Inflation
The aggregate demand/aggregate supply, or AD/AS, model is one of the fundamental tools in economics because it provides an overall framework for bringing economic factors together in one diagram. These factors include economic growth,...
Khan Academy
Khan Academy: Short Run Aggregate Supply
Practice what you've learned about sticky wages, menu costs, and short-run aggregate supply shocks in this four-question exercise.
Khan Academy
Khan Academy: Phillips Curve: Linking Changes in Ad as Model to Phillips Curve
In this exercise, practice using the graphical model of the Phillips curve.
Khan Academy
Khan Academy: Equilibrium in the Ad as Model
Practice what you've learned about modeling a short-run macroeconomic equilibrium in this exercise.
Khan Academy
Khan Academy: Long Run Self Adjustment in the Ad as Model
Practice what you've learned about the long-run adjustment of output, employment, and prices to changes in aggregate demand and short-run aggregate supply in this exercise.
Khan Academy
Khan Academy: Long Run Aggregate Supply
Practice what you've learned about why long-run aggregate supply curve (LRAS) is vertical, and the relationship between LRAS and the stock of resources, technology, and the natural rate of unemployment in this exercise.
Khan Academy
Khan Academy: Changes in the Ad as Model in the Short Run
Practice what you've learned about the AD-AS model, aggregate demand shocks, and short-run aggregate supply shocks in this four-problem exercise.
Khan Academy
Khan Academy: Automatic Stabilizers
Practice what you've learned about fiscal policy lags and automatic stabilizers in this four-question exercise.
Khan Academy
Khan Academy: Lesson Summary: Equilibrium in the Ad as Model
In this lesson summary review and remind yourself of the key terms and graphs related to a short-run macroeconomic equilibrium. Topics include how to model a short-run macroeconomic equilibrium graphically as well as the relationship...