Documents ECON5002_Topic02

PowerPoint to accompany Chapter 3 The Goods Market Section 3.1: The Composition of GDP • Consumption (C) refers to the goods and services purchased by consumers. • Investment…

Documents Putting All Markets Together: The AS–AD Model Chapter 7.

Slide 1Putting All Markets Together: The AS–AD Model Chapter 7 Slide 2 © 2013 Pearson Education, Inc. All rights reserved.7-2 7-1 Aggregate Supply The aggregate supply…

Documents Macroeconomics Prof. Juan Gabriel Rodríguez Chapter 4 The IS-LM Model.

Slide 1 Macroeconomics Prof. Juan Gabriel Rodríguez Chapter 4 The IS-LM Model Slide 2 Question How is output and interest rate determined simultaneously in the short run?…