The macroeconomic model 1. Introduction and objectives 2. Required reading: The business cycle 3. Video explainer: Stability of the economy 4. The GDP deflator 5. Classical-Keynesian controversy 6. The macroeconomic model 7. Video signpost: A model of the macro economy 8. Aggregate Supply and Demand Simulator 9. Theories about short-run instability: Supply vs Demand 10. Long-run self adjustment 11. Summary 12. Start – Introduction to Macroeconomic Model Activity 13. Tasks – Introduction to Macroeconomic Model challenge 14. Outputs – Introduction to Macroeconomic Model challenge Tasks – Introduction to Macroeconomic Model challenge Completing the challenge Read Aggregate Demand and Aggregate Supply in Principles of Macroeconomics. Pay special attention to the case studies: The Multiplied Economic Impact of SARS on China’s Economy The U.S. Recession of 2001 This Time Is Different, Or Is It? Make notes about the three case studies, especially the parts that focus on agregate demand and aggregate supply. Reflect on the similarities and differences in the three case studies.. ← Previous Next →
Completing the challenge
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