Second Part Macroeconomics Lecture 7 Macroeconomic Aggregates.
1. Measuring National Income
PART IV FURTHER MACROECONOMICS ISSUES 18 © 2009 Pearson Education, Inc. Publishing as Prentice Hall Principles of Macroeconomics 9e by Case, Fair and Oster.
1 of 26 Keynesian EconomicsMonetarismThe Velocity of MoneyThe Quantity Theory of MoneyInflation as a Purely Monetary PhenomenonThe Keynesian/Monetarist.
Classical vs. Keynesian. Prior to the Great Depression The prevailing thought of economists before the 1930s was that a laissez faire approach to the.
GDP, CPI, Unemployment Review
Nation’s Income IMBA Managerial Economics Macroeconomics I.
AMBA MACROECONOMICS I LECTURER: JACK WU Macroeconomic Issues.
Mr. Weiss Vocabulary Review – Test 4 – Sections 3 & 4 1. aggregate demand curve; 2. contractionary fiscal policy; 3. cyclical unemployment; 4. disposable.
Begin $100 $200 $300 $400 $500 Which way Does a Supply Curve Shift? Graphs Unemployment GDP Random Which way Does a demand Curve shift?
Measuring a Nation’s Income
GDP and GNP
