Unit 2: Introduction to Macroeconomics

Lesson 12b: The AD/AS Model - AS and Equilibrium in the Macro-Economy
(UE, IN, and EG)

Assignments: Readings

 

Ch. 12, pp. 268- 281, (19th, 238-250), "Aggregate Supply", "Changes in Aggregagte Supply", "Equilibrium in the AD-AS Model", "Changes in Equilibrium"

Ch. 9, pp. 205-206, (19th, 179-180), "Types of Inflation"

Review Ch. 1, pp. 17-19, (19th, 16-18), "Present Choices, Future Possibilities"

Lecture Outline

 

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Lesson 12b