In this pathway we explored the macroeconomic model and its competing theories, including the controversy between the classical and Keynesian theories. We also looked at the business cycle and basic perspectives on the stability of the economy. We studied the GDP deflator, a price index measuring inflation or deflation, and fluctuations and trends in real and nominal GDP. Finally, we took a more detailed look at models of the macro economy and two competing theories: demand-side and supply-side.
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Please add the course tag to your post: maec102
In this pathway we explored the macroeconomic model and its competing theories, including the controversy between the classical and Keynesian theories. We also looked at the business cycle and basic perspectives on the stability of the economy. We studied the GDP deflator, a price index measuring inflation or deflation, and fluctuations and trends in real and nominal GDP. Finally, we took a more detailed look at models of the macro economy and two competing theories: demand-side and supply-side.
Ask OERu
Remember that if you have any content related questions about this section, please visit our community-based question and answer forum.
Visit Ask OERu to post questions and support fellow learners if you know the answers.
Ask OERu is a community-based support forum hosted on forums.oeru.org. Remember to reward good answers and questions by liking the post.
Please add the course tag to your post: maec102
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