3.3 Macroeconomic Models

Aggregate demand—components http://opengecko.com/economics/aggregate-demand-part-1/

Aggregate supply
• short-run
• long-run (Keynesian versus neo-classical approach)

http://opengecko.com/economics/aggregate-supply-and-macroeconomic-equilibria/

Full employment level of national income

NONE YET
Equilibrium level of national income http://opengecko.com/economics/comparing-gdp-and-other-indicators-across-countries/

Inflationary gap

NONE YET
Deflationary gap NONE YET
Diagram illustrating trade/business cycle NONE YET
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