Khan Academy
Khan Academy: Interpreting the Aggregate Demand/aggregate Supply Model
In order for a macroeconomic model to be useful, it needs to show what determines total supply or total demand for the economy and how total demand and total supply interact at the macroeconomic level. This model is called the aggregate...
Khan Academy
Khan Academy: Adjusting Nominal Values to Real Values
When you examine economic statistics, it's crucial to distinguish between nominal and real measurements so you know whether or not inflation has distorted a given statistic. Learn how to adjust GDP numbers for inflation in this article....
Khan Academy
Khan Academy: The Phillips Curve in the Keynesian Perspective
Read about how we can use the Keynesian perspective to think about the common tradeoff between low inflation and low unemployment.
Other
Federal Reserve: Discount Rate
This resource presents a list of current and historical discount rates, which the Federal Reserve charges member banks for borrowing funds.
Khan Academy
Khan Academy: Lesson Summary: Long Run Self Adjustment in the Ad as Model
In this lesson summary review, remind yourself of the key terms and graphs related to the long-run self-adjustment mechanism. The long-run self-adjustment mechanism is one process that can bring the economy back to "normal" after a...
Texas Education Agency
Texas Gateway: Chapter 5: How Well Gdp Measures the Well Being of Society
By the end of this section, you will be able to discuss how productivity influences the standard of living, explain the limitations of GDP as a measure of the standard of living, and analyze the relationship between GDP data and...
Texas Education Agency
Texas Gateway: Ch. 18: Improving Countries' Standards of Living
By the end of this section, you will be able to do the following: Analyze the growth policies of low-income countries seeking to improve standards of living; Analyze the growth policies of middle-income countries, particularly the East...
PBS
Pbs Learning Media: Companion Curriculum: Girl Rising
Girl Rising tells the stories of nine girls from nine different countries and the power education has to change their lives. The accompanying curriculum provides teachers with a unique opportunity to educate students about the issues...
Khan Academy
Khan Academy: Determinants of Price Elasticity and the Total Revenue Rule
Practice what you've learned about the relationship between price elasticity of demand and total revenue in this exercise. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.
Khan Academy
Khan Academy: Keynes' Law and Say's Law in the Ad/as Model
Compare Keynes's and Say's law in the context of aggregate supply and demand.
Khan Academy
Khan Academy: Aggregate Demand in Keynesian Analysis
This article examines each component of aggregate demand from the Keynesian perspective. Includes a table summarizing the information in the article, review questions, and critical thinking questions.
Khan Academy
Khan Academy: Beyond Gdp: Other Ways to Measure the Economy
Read about gross national product (GNP), national income, and net national product (NNP).
Khan Academy
Khan Academy: Tracking Inflation
When you hear someone talk about the economy, it's pretty likely they'll say something about inflation. What is inflation anyway?.
Khan Academy
Khan Academy: How the United States and Other Countries Experience Inflation
How does inflation affect a country's well-being? What are some examples of high and low inflation?.
Khan Academy
Khan Academy: How Changes in the Cost of Living Are Measured
How is inflation measured? What is the consumer price index?.
Khan Academy
Khan Academy: How Well Gdp Measures the Well Being of Society
Does GDP capture everything we care about in an economy?.
Khan Academy
Khan Academy: Tracking Real Gdp Over Time
Read about fluctuations in Gross National Product (GDP) from year to year.
Khan Academy
Khan Academy: Measuring the Size of the Economy: Gross Domestic Product
Read about Gross Domestic Product (GDP) and how we measure it.
Khan Academy
Khan Academy: Lesson Summary: Short Run Aggregate Supply
In this lesson summary review and remind yourself of the key terms and graphs related to short-run aggregate supply. Topics include sticky wage theory and menu cost theory, as well as the causes of short-run aggregate supply shocks.
Khan Academy
Khan Academy: Lesson Summary: The Expenditure and Tax Multipliers
In this lesson summary we cover the key takeaways and terminology related to spending multipliers and tax multipliers. Topics include how to calculate the expenditure multiplier and the tax multiplier.
Khan Academy
Khan Academy: Lesson Summary: Long Run Aggregate Supply
In this lesson summary review and remind yourself of the key terms and graphs related to the long-run aggregate supply curve and its relationship to the stock of resources, technology, and the natural rate of unemployment.
Khan Academy
Khan Academy: Indexing and Its Limitations
How do we adjust for inflation?. It includes review questions and problems.
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...
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.