Slide 1 Slide 2 Slide 3 I. AD/AS Model To Analyze changes in real GDP & price level simultaneously Provides insights on inflation, unemployment, & economic growth…

Slide 1 Slide 2 Aggregate Demand and Aggregate Supply Slide 3 Chapter Objectives Aggregate Demand and the Factors That Cause it to Change Aggregate Demand and the Factors…

Slide 1Aggregate Supply and Aggregate Demand CHAPTER 11 Slide 2 After studying this chapter you will be able to Distinguish between the macroeconomic long run and short run…

Slide 1Aggregate Supply and Aggregate Demand CHAPTER 27 Slide 2 After studying this chapter you will be able to Distinguish between the macroeconomic long run and short run…

Slide 1 Ch. 11: Aggregate Supply and Demand  Derive AS/AD model  Understand consequences of change in AS/AD Short run vs Long run Effects on economic growth, prices,…