Skip to Content
A Primer on Macroeconomics
book

A Primer on Macroeconomics

by Professor Thomas M. Beveridge
March 2013
Beginner
252 pages
6h 50m
English
Business Expert Press
Content preview from A Primer on Macroeconomics

Chapter 5

Aggregate Demand and Aggregate Supply

By the end of this chapter you will be able to:

1. Define aggregate demand and explain why the aggregate demand curve has a negative slope.

2. Identify seven factors that can shift the position of the aggregate demand curve.

3. Describe how aggregate demand is affected by fiscal and monetary policy actions.

4. Distinguish between the short run and the long run.

5. Explain the slope and location of the long-run aggregate supply curve.

6. Explain the slope of the short-run aggregate supply curve and its relationship to the long-run aggregate supply curve.

7. Identify the factors that shift the long-run and short-run aggregate supply curves.

8. Explain how the economy achieves short-run equilibrium. ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Economic Disturbances and Equilibrium in an Integrated Global Economy

Economic Disturbances and Equilibrium in an Integrated Global Economy

Victor A. Canto
Your Macroeconomic Edge

Your Macroeconomic Edge

Dr. Philip J. Romero

Publisher Resources

ISBN: 9781606494233