AP Notes, Outlines, Study Guides, Vocabulary, Practice Exams and more!

Krugman AP Macroeconomics Module 19

Wait just a minute here...

In order to access these resources, you will need to sign in or register for the website (takes literally 1 minute!) and contribute 10 documents to the CourseNotes library. Until you contribute 10 documents, you'll only be able to view the titles and some teaser text of the uploaded documents. There are 100,000+ essays, DBQs, study guides, practice tests, etc. that are only available to members that contribute. So what are you waiting for?

Get started right now!

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
economics
macroeconomics
demand
inflation
AD-AS model
Economic theories
Supply and demand
Aggregate supply
Inflationary gap
Aggregate demand
Supply shock
Stagflation
behavior
Human development
Computing
Computer file formats
Electronic documents
Interpersonal relationships
Psychoanalysis
Human behavior
Portable Document Format
Attachment theory
Technology
Business

Module 19: Equilibrium in the Aggregate Demand-Aggregate Supply Model -The difference between short-run and long-run macroeconomic equilibrium -The causes and effects of demand shocks and supply shocks -How to determine if an economy is experiencing a recessionary gap or an inflationary gap and how to calculate the size of output gaps The AD?AS Model: the aggregate supply curve and the aggregate demand curve are used together to analyze economic fluctuations Price shock: dramatic fall in short-run aggregate supply Short-Run Macroeconomic Equilibrium: when the quantity of aggregate output supplied is equal to the quantity demanded Short-run equilibrium aggregate output: the quantity of aggregate output produced in the short-run macroeconomic equilibrium

Need Help?

We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.

For general help, questions, and suggestions, try our dedicated support forums.

If you need to contact the Course-Notes.Org web experience team, please use our contact form.

Need Notes?

While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!