Class Notes (838,057)
Canada (510,632)
Economics (806)
ECON102 (145)
Susan Kamp (10)
Lecture

4, 6 March lecture outline

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Department
Economics
Course
ECON102
Professor
Susan Kamp
Semester
Winter

Description
Lecture Outline for week of March 3, 2014 The SR, AD/AS Model • Equilibrium • Disequilibrium o Role of unintended inventory change o Inflationary gap o Contractionary gap • Business cycle o Inflation in the SR, AD/AS model  Demand pull  Cost push, stagflation Full AD/
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