🡸 Chapter 12     Navigate…     Chapter 15 🡺

Chapter 14 – Aggregate Demand and Aggregate Supply

This chapter discusses:

  • Recessions / Depression
  • Three Key Facts About Economic Fluctuations
  • The Model of Aggregate Demand and Aggregate Supply
  • Three Reasons Why the Aggregate Demand Curve is Downward Sloping
  • Why the Aggregate Demand Curve Might Shift
  • Why the Aggregate Supply Curve is Upward Sloping, and Sometimes Vertical
  • Why the Aggregate Supply Curve Might Shift
  • The Sticky-Wage, Sticky-Price, and Misperceptions Theories
  • John Maynard Keynes

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🡸 Chapter 12     Navigate…     Chapter 15 🡺

Find more Macroeconomics Notes here.

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