Slide 1Supply-Side Economics “Reaganomics,” Monetarism, and Military Keynesianism Slide 2 Cornerstones of Supply-Side Economics in the 1980s 1) supply-side tax cuts for…
Slide 1Price Q Supply Demand Q e P e Supply and Demand graphs- The Basics The purpose of this graph is to look at markets. Free Market Price and Quantity Slide 2 Price Level…
1.Keynesian theory of Income determination2. Macroeconomics -Intro The two major branches of economic theory are the microeconomic theory and macroeconomic theory. Macroeconomic…
Slide 1Ecological Macro-economics: GNP Slide 2 Policy paper ● Comments on all proposals will be done today (sorry for delay) ● 1000 word introduction to problem due on…
Slide 1 Ecological Macro-economics: GNP and Money Slide 2 Questions for Next Three Classes ● Why is macroeconomics important, and how is it different from microeconomics?…
Slide 1 J.A.SACCO CH. 11- Classical and Keynesian Macroanalysis Slide 2 Classical and Keynesian Macroanalysis Section 4A was a “cliffhanger” for section 4B. In Section…
49 Chapter Overview Determination of National Income Equilibrium 3 Determination of National Income Introduction Aggregate Demand Consumption and Saving Investment Equilibrium…
PowerPoint Presentation Unit 4 Quiz 2 Review Price Level Measure of Inflation G.D.P real employment Aggregate Supply (AS) Aggregate Demand (AD) Q e P e Aggregate- all together…