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Unit Plan

Khan Academy: How the Ad/as Model Incorporates Growth, Unemployment, Inflation

Curated by ACT

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, unemployment, and inflation.

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Concepts
aggregate demand, economic growth, inflation
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Additional Tags
aggregate supply, as model incorporates growth, unemployment, inflation, khan academy, khan academy: how the ad, unemployment, aggregate demand/aggregate supply (ad/as), economic growth in the us, importance of economic growth
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)