1. CHAPTER 12 (Part I):AGGREGATE DEMAND-SUPPLY MODEL 2. 12.1 Aggregate Demand Curve 12.2 Aggregate Supply Curve CHAPTER OUTLINE 3. 12.1 AGGREGATE DEMAND CURVE Aggregate Demand…

1. CHAPTER 12 (Part I):AGGREGATE DEMAND-SUPPLY MODEL 2. 12.1 Aggregate Demand Curve 12.2 Aggregate Supply Curve CHAPTER OUTLINE 3. 12.1 AGGREGATE DEMAND CURVE Aggregate Demand…

Slide 1© 2010 Pearson Addison-Wesley CHAPTER 1 Slide 2 © 2010 Pearson Addison-Wesley Slide 3 Fixed Prices and Expenditure Plans Keynesian model describes the economy in…

Slide 1© 2010 Pearson Addison-Wesley Slide 2 Slide 3 Inflation Cycles In the long run, inflation occurs if the quantity of money grows faster than potential GDP. In the…

Slide 1© 2010 Pearson Addison-Wesley Slide 2 Slide 3 The Basics of Economic Growth Economic growth is the sustained expansion of production possibilities measured as the…

Slide 1A First Look at Macroeconomics CHAPTER 20 Slide 2 After studying this chapter you will be able to Describe the origins and issues of macroeconomics Describe the trends…

Slide 1U.S. Inflation, Unemployment, and Business Cycles CHAPTER 29 Slide 2 2 After studying this chapter you will be able to Describe the patterns in output and inflation…

Slide 1A FIRST LOOK AT MACROECONOMICS 20 CHAPTER Slide 2 Objectives After studying this chapter, you will able to Describe the origins of macroeconomics and the problems…

Slide 1 Slide 2 Money, Interest, and Inflation CHAPTER 28 Slide 3 C H A P T E R C H E C K L I S T When you have completed your study of this chapter, you will be able to…

Slide 1Expenditures Multipliers: The Keynesian Model Lecture notes 9 Instructor: MELTEM INCE Slide 2 Expenditure Plans The aggregate expenditure model explains fluctuations…