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Aggregate Supply and Aggregate Demand

Slide 1Winter Semester 2011Alexander Fink, Institut für Wirtschaftspolitik1 Universität Leipzig Introduction to Economics Lecture 9: Business Cycles Alexander Fink, PhD…

Slide 1© 2007 Thomson South-Western, all rights reserved N. G R E G O R Y M A N K I W PowerPoint ® Slides by Ron Cronovich Aggregate Demand and Aggregate Supply 20 Slide…

1.Monetary and Fiscal Policies2. Short-Run Economic Fluctuation Economic activity fluctuates from year to year. Arecessionis a period of declining real incomes, and rising…

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1. Quiz Insurance ! Tuesday April 29 12:00 S1-38 Men S2-33 Women 2. Exam 6 Wednesday May 14 Chapters 34, 35, and 36 ! Final Thursday May 22 9:00AM - 11:30AM Auditorium !…

Review of the previous Lecture All societies experience short-run economic fluctuations around long-run trends. These fluctuations are irregular and largely unpredictable.…

Slide 1Copyright © 2004 South-Western Mods 17-21, 30 Macro Analysis Part II Slide 2 Copyright © 2004 South-Western THE AGGREGATE-SUPPLY CURVE Now, let’s look at Overall…