Macro Eq

AD and AS: Macroeconomic equilibrium

Aggregate Demand (AD) & Aggregate Supply (AS) determine the macroeconomic equilibrium – price level (telling whether we have inflation), quantity of goods and services (real GDP), and, indirectly, unemployment.

Macroeconomic Viewpoints

Policies to increase AD or AS

Paj Holden explain fiscal policy and the multiplier effect


Fiscal and Monetary policy