Chapter 33: Aggregate Demand and Aggregate Supply

Key facts about economic fluctuations 1:17
A first picture of the model 7:36
How are the aggregate demand and supply curves different from regular demand and supply curves? 9:39
Why does AD slope downward? 13:34
The wealth effect 14:27
The interest rate effect 15:42
The net export effect 16:48
What causes the AD curve to shift? 18:45
Shifts from changes in consumption 19:45
Shifts from changes in investment 21:23
Shifts from taxes 22:19
Shifts from changes in the money supply 23:02
Shifts from changes in government spending 23:28
Shifts from changes in net exports 24:07
The long-run aggregate supply curve 25:35
Why is it vertical? 26:34
What causes LRAS to shift? 29:04
Using the model to explain long-run growth and inflation 32:10
The short-run aggregate supply curve 35:01
Sticky wage theory 36:40
Sticky price theory 38:43
misperceptions theory 40:05
Things that shift SRAS 47:03
Expected price level vs. actual price level 49:27
Using the AD AS model 54:40
Long-run equilibrium 56:15
A decrease in aggregate demand 59.55
Historical examples of decreases in AD 1:15:45
A second example: an increase in AD 1:22:12
A shift in aggregate supply 1:26:53
Stagflation 1:30:07
Analyzing the pandemic with the AD AS model 1:37:35

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