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Chapter 12

ECN 204 Chapter Notes - Chapter 12: Aggregate Supply, Aggregate Demand, Monel


Department
Economics
Course Code
ECN 204
Professor
Eric Kam
Chapter
12

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
Chapter 12 – Aggregate Demand and Aggregate Supply
Aggregate Demand-Aggregate Supply Monel

12.1 Aggregate Demand
Aggregate demand !"#$%
%
&'"
%
()%
*$+%,
$+,
-$+,
#.
#.
/0,
'
12$3 1$434
),
'
#2+52+54+54
6,
'
#2+54+54+54
12.2 Changes in Aggregate Demand
Determinants of Aggregate Demand7
o
o)
o!
o
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
<%

#
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/)/
/
o%%
o&
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o((;
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o((>?
&@#8/&9#")!
%

o"
o"
"4+52+5!"#2
+
12.3 Aggregate Supply
Aggregate supply%
A
'B
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o&long run
)%
'9)9/

%A
BC
DA.A
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