Aggregate Demand and Supply Analysis


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Table of Contents

PPT Slide

Monetarist View of AD

The AD Curve

Keynesian View of AD

Aggregate Supply in Short-run

Equilibrium in Short-Run

Equilibrium in the Long-Run

Summary: Factors that Shift AD

Effect of Shift in AD on Y

Summary: Factors that Shift AS

Effect of Shift in AS on Y

Shifts in Long-Run Supply

Vietnam War Buildup: 1964­70

Negative Supply Shocks: 1973­75 and 1978­80

Phillips Curve and AS

Phillips Curve

Implications of Expectations Augmented Phillips Curve

Author: Edward McPhail 

Other information:
Aggregate Demand and Supply Analysis 

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