objectives

Completing the challenge

  1. 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?
  1. Make notes about the three case studies, especially the parts that focus on agregate demand and aggregate supply.
  2. Reflect on the similarities and differences in the three case studies..