Documents The AD-AS model Lecture 24 – academic year 2014/15 Introduction to Economics Fabio Landini.

Slide 1The AD-AS model Lecture 24 – academic year 2014/15 Introduction to Economics Fabio Landini Slide 2 Questions of the day… How do we describe the functioning of…

Documents AS - AD. Aggregate Supply –relates output and price level –labor market Aggregate Demand...

Slide 1 AS - AD Slide 2 Aggregate Supply –relates output and price level –labor market Aggregate Demand –relates output and price level –IS - LM Slide 3 Aggregate…

Documents Chapter 7: The AS-AD ModelBlanchard: Macroeconomics Slide #1 The AS-AD Model Determination of Output...

Slide 1 Chapter 7: The AS-AD ModelBlanchard: Macroeconomics Slide #1 The AS-AD Model Determination of Output in the short-run and medium-run Requires equilibrium in the goods,…