Curated and Reviewed by
Lesson Planet
This Long-Run Aggregate Supply instructional video also includes:
What happens in the long run when aggregate demand increases? Find out how wages, aggregate supply, and the long-run aggregate supply graph are affected by following along with this economics instructor in his instructional video.
3 Views
2 Downloads
CCSS:
Adaptable
Additional Tags
Instructional Ideas
- Can also use resource to discuss Classical versus Keynesian economics and debate over letting wages fall, which is presented in Bonus Round portion of video
Classroom Considerations
- Presenter moves very quickly through material, so best used as a summary or flipped classroom resource
- This video is hosted on YouTube
Pros
- Explains how curves on LRAS graph shift according to increases/decreases in demand
Cons
- None