An Introduction to Aggregate Demand

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This lesson introduces the macroeconomic concept of Aggregate demand. AD is defined, and its components are explained individually, focusing on the factors that can lead to a change in the overall demand for a nation's goods and services in a particular period of time at a range of price levels.

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Keep up the good work sir!! You're making a huge difference in our lives lol us students who literally have to wake up early to go to class and listen to non sense for an hr and go home and watch your videos.

SURGICALTECHGEEK
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Can't be explained better than this. Thank you sir you are indeed making a difference in our lives. thank you, we are most grateful!

modoulaminjobe
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There is an extra determinant of consumption and that is Taxes. Remember the formula for Consumption is C=co+c1(Yd) where Yd is disposable income. The formula for disposable income is (Y-T), therefore the amount of taxes can affect  the income of a family and therefore its consumption. Great Video by the way it has helped me a lot. 

cesardit
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Thanks for these easy to understand videos, really helps with schoolwork. Keep them coming!

jellymelly
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This helps a lot. I'm up for my exam and the video is treating me well.

laminsanneh
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I am happy to start macro with Jason-) I finished micro with an straight A on my first year in university-). Thank You Jason.

yamax
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Couldn't of been a better video! Informative and excellent, thanks man.

jeremywarner
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Thank you very much it helped me a lot with my final exam 😊

rameenrafique
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Excellent video, provided me clear understanding of AD

sankarFav
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Sir, do you have ppt for this video? It's awesome! Well explained topic. Kudos!

erichtunque
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You make very good videos. It is very clear. Thank you!

phoebe
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Thank you so much.
You help is well appreciated

hunterweir
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this was really nicely put together! thanks

charlesmills
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well explained sir but what about keynesian model

VatsalPatelVatsalPatel
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Thank you for a very nice video! Is it possible for you to link to litterature in relation to this video? I'm writing a bachelor project and i having a hard time finding the determinants that you mention in this video, thank you!

agnetesolvejchristiansen
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thank you for ur post. will help me to sit for my mba econs. paper.

TheEllieliz
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Shouldn't Incs in taxes also incs Gov Spending since they have bigger budget. But at the same time Incs Taxes means less disposable Income which would reduce the AD. What matters is the Net effect of both. Please clarify
Thanks

ringeli
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It's counter-intuitive & ironic that household income & wealth are considered separate things, but they are. For example, consider that "poverty" is defined as being within the bottom 20% of income earners. People can be wealthy & poor at the same time. You can win the lottery & still qualify for food stamps because lottery payments are considered liquid assets, not earned income. Wealth is based on net worth, poverty is based on income...two entirely different things.

LucisFerre
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Thanks for the video, it would have been more helpful if you had added the explanation for the relationship between price level and aggregate demand, i.e why AD curve downward sloping.

YasirKhan-mbiy
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great video well explained thank you :)

Sharanaz