Demand and Supply Shocks in the AD-AS Model

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In our last video we looked at inflationary and recessionary gaps in the AD/AS model. In this lesson we'll examine what causes output gaps: negative and positive shocks to aggregate demand and aggregate supply.

  1. Jason Welker
  2. ib econ
  3. ap macroeconomics
  4. ib economics
  5. aggregate demand
  6. aggregate supply
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Комментарии
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Thanks a lot you are better than my Dozent in Germany I have to watch the Video twice to follow your english but it’s really good because it’s simple explained!!!

bossking
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This is a great way of learning, thanks for this

maxmorris
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Hey man, you probably just saved my Political Economy final… I’ll let you know!

jacntt
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What about supply and demand shocks at the same time from a international pandemic. Just hypothetically

stefanoliver
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AD-AS Model? More like "Great information; thanks for the video!" 👍

PunmasterSTP
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Thanks, you are my heroooo. congrats from chilee

EdgarIturraEMF
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I don't understand why an increase in companies' costs would not change LRAS. These increased costs are not only related to people's price expectations, but also to the opportunity cost of resources. Importing oil at a much steeper price is akin to having sort of a negative technological change, don't you think?

jean-baptistefleury
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Why you didnt make the As in a curve? Isnt it actually a curve

bossking
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This is khan academy...Did you steal this video?

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