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Eco 6351 Economics for Managers Chapter 11a. Aggregate Supply and Demand

Eco 6351 Economics for Managers Chapter 11a. Aggregate Supply and Demand. Prof. Vera Adamchik. Jobs. Internal market forces. Prices. External shocks. Growth. Output. Policy levers. International balances. The macro economy. DETERMINANTS. OUTCOMES. MACRO ECONOMY. Macro view.

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572 views • 38 slides

Introduction to the Equilibrium Business-Cycle Model

Introduction to the Equilibrium Business-Cycle Model. Mr. Vaughan Income and Employment Theory (402). Lecture Outline. Approaches to Modeling Business Cycle New Keynesian vs. Equilibrium Stylized Business-Cycle Facts Building Blocks of an Equilibrium Model

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562 views • 37 slides

Aggregate Supply

Aggregate Supply. Features of Macroeconomic performance: Growth potential GDP. Inflation. Business cycle fluctuation. Aggregate Supply Fundamental. The quantity of labor (L). The Qty. of Capital (K). The state of Technology (T).

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335 views • 15 slides

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Real gdp fluctuates - PowerPoint PPT Presentation

Eco 6351 Economics for Managers Chapter 11a. Aggregate Supply and Demand

Introduction to the Equilibrium Business-Cycle Model

Aggregate Supply