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\nRepresenting Macroeconomic Equilibrium with AD/AS Diagrams\n

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\n\nPublisher:\n\nCurated Video\n\n\n
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\nThe video explains how to represent both short-run and long-run macroeconomic equilibrium in an AD/AS (Aggregate Demand/Aggregate Supply) diagram. It covers key terminology and concepts associated with the different curves involved in...\nThe video explains how to represent both short-run and long-run macroeconomic equilibrium in an AD/AS (Aggregate Demand/Aggregate Supply) diagram. It covers key terminology and concepts associated with the different curves involved in the diagram and how they interact to determine the equilibrium of an economy. The video also emphasizes the relationship between real output and employment and how this affects the overall economic picture\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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12:23
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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economics, equilibrium, macroeconomic equilibrium, inflation, curves, fall
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Additional Tags

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a-level, lectures, macro, ad-as, analysis, 4.5a, short run, long run, srs curve, ad curve, lrs curve, curve shifts, output gap, shift outwards, negative relationship, real output, adas diagram, interaction point, price level, move back, output, back, shift, relationship, move, diagram, level, position, process, higher, intersect
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Representing Macroeconomic Equilibrium with AD/AS Diagrams\" href=\"/subscription/new\">\"Representing\n\n
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