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South Western Learning: Aggregate Demand / Aggregate Supply
View the summaries of economic news stories related to Aggregate Demand and Aggregate Supply. Each story is accompanied by questions for students.
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The Aggregate Supply Curve
"The Aggregate Supply Curve," by Baumol, William J., and Alan S. Blinder. Economics: Principles and Policy, 7th ed. Orlando, FL: The Dryden Press, 1997, pp.628-642.
Khan Academy
Khan Academy: Shifts in Aggregate Supply
If either the aggregate supply or aggregate demand curve shifts in the aggregate demand/aggregate supply-AD/A-model, the original equilibrium in the AD/AS diagram will shift to a new equilibrium. Increases and decreased in the price of...
Texas Education Agency
Texas Gateway: Chapter 12: The Building Blocks of Neoclassical Analysis
By the end of this section, you will be able to do the following: Explain the importance of potential GDP in the long run, analyze the role of flexible prices, interpret a neoclassical model of aggregate demand and aggregate supply, and...
Texas Education Agency
Texas Gateway: Ch. 12: The Policy Implications of the Neoclassical Perspective
By the end of this section, you will be able to do the following: Discuss why and how inflation expectations are measured, Analyze the impacts of fiscal policy and monetary policy on aggregate supply and aggregate demand. Explain the...
Texas Education Agency
Texas Gateway: Chapter 12: Balancing Keynesian and Neoclassical Models
By the end of this section, you will be able to do the following: Evaluate how neoclassical economists and Keynesian economists react to recessions and Analyze the interrelationship between the neoclassical and Keynesian economic models.
Texas Education Agency
Texas Gateway: Ch. 10: Aggregate Demand/supply Model: Key Terms
This is a list of terms and definitions used in Chapter 10: The Aggregate Demand/Aggregate Supply Model.
University of Colorado
University of Colorado: Principles of Macroeconomics: Business Cycles, Aggregate Demand and Supply
A comprehensive look at the way aggregate demand and supply affect the business cycle. Information used is current to 2003. From the Department of Economics at the University of Colorado.
Texas Education Agency
Texas Gateway: Ch. 10: Aggregate Demand/supply Model: Key Concepts and Summary
This section summarizes each of the key concepts from Chapter 10: The Aggregate Demand/Aggregate Supply Model.
Texas Education Agency
Texas Gateway: 10: Keynes' Law and Say's Law in Aggregate Demand/supply Model
By the end of this section, you will be able to do the following: Identify the neoclassical zone, the intermediate zone, and the Keynesian zone in the AD/AS model and Use an AD/AS model as a diagnostic test to understand the current...
Texas Education Agency
Texas Gateway: Chapter 10: Macroeconomic Perspectives on Demand and Supply
By the end of this section, you will be able to do the following: Explain Say's Law and determine whether it applies in the short run or the long run and Explain Keynes' Law and determine whether it applies in the short run or the long run.
Khan Academy
Khan Academy: Macroeconomic Perspectives on Demand and Supply
Read about the differing macroeconomic perspectives of Keynes and Say.
Khan Academy
Khan Academy: How the Ad/as Model Incorporates Growth, Unemployment, Inflation
The aggregate demand/aggregate supply, or AD/AS, model is one of the fundamental tools in economics because it provides an overall framework for bringing economic factors together in one diagram. These factors include economic growth,...
The Federal Reserve System
Federal Reserve Board: Sustainability and Monetary Policy
"Sustainability and Monetary Policy," Remarks by Governor Laurence H. Meyer before the National Economists Club and the Society of Government Economists, Washington, D.C., January 20, 2000. With links to graphics files in PDF format.
Khan Academy
Khan Academy: Shifts in Aggregate Demand
Aggregate demand is made up of four components: consumption spending, investment spending, government spending, and spending on exports minus imports. Increasing or decreasing any of these components create shifts the AD curve.
Khan Academy
Khan Academy: Changes in the Ad as Model in the Short Run
Practice what you've learned about the AD-AS model, aggregate demand shocks, and short-run aggregate supply shocks in this four-problem exercise.
Khan Academy
Khan Academy: Long Run Self Adjustment in the Ad as Model
Practice what you've learned about the long-run adjustment of output, employment, and prices to changes in aggregate demand and short-run aggregate supply in this exercise.
Texas Education Agency
Texas Gateway: Chapter 12: Neoclassical Perspective: Key Concepts and Summary
This section summarizes the key concepts presented in Chapter 12: Neoclassical Perspective from the Texas Gateway AP Macroeconomics online text.
Texas Education Agency
Texas Gateway: Chapter 12: Introduction to the Neoclassical Perspective
In this chapter, you will learn about the following: The building blocks of neoclassical analysis, The policy implications of the neoclassical perspective, and Balancing Keynesian and Neoclassical models.
Tutor2u
Tutor2u: Macroeconomic Equilibrium
A definition of macroeconomic equilibrium and how it changes when either aggregate supply (AS) or aggregate demand (AD) shift. Many supporting graphs are provided to help explain this concept.
Khan Academy
Khan Academy: Lesson Summary: Changes in the Ad as Model in the Short Run
In this lesson summary review and remind yourself of the key terms and graphs related to changes in the AD-AS model. Topics include AD shocks, such as changes in consumption, investment, government spending, or net exports, and supply...
Council for Economic Education
Econ Ed Link: Phillips Curve
This lesson explores the relationship of unemployment to inflation in the 1960s and after. Students will discover the short-run trade-off between inflation and unemployment when unemployment is less than its natural rate. Students will...
Khan Academy
Khan Academy: The Building Blocks of Keynesian Analysis
Keynesian economics focuses on explaining why recessions and depressions occur and offering a policy prescription for minimizing their effects. The Keynesian view of recession is based on two key building blocks: recessions occur when...
Khan Academy
Khan Academy: Lesson Summary: Equilibrium in the Ad as Model
In this lesson summary review and remind yourself of the key terms and graphs related to a short-run macroeconomic equilibrium. Topics include how to model a short-run macroeconomic equilibrium graphically as well as the relationship...