Unit 3 - Macro
(National Income and Price Determination)
Unit 3
Unit 3
(In a nutshell)
(In a nutshell)

Videos
Videos
Unit 3 Overview
Unit 3 Overview

An Introduction to Unit 3
The Consumption Function:
The Consumption Function:
The Consumption Function (Part 1)
The Consumption Function (Part 2)
Multipliers: (3.2)
Multipliers: (3.2)
Velocity of Money & Spending Multiplier
The Spending Multiplier (Part 1)
The Tax Multiplier
Investment Demand:
Investment Demand:
Investment Spending (Part 1)
Investment Spending (Part 2)
Investment Spending (Part 3)
The AD Curve: (3.1)
The AD Curve: (3.1)
Extra AS Infographic:
The Aggregate Demand Curve (Part 1)
The Aggregate Demand Curve (Part 2)
The Aggregate Demand Curve (Part 3)
The SRAS/LRAS Curves: (3.3/3.4)
The SRAS/LRAS Curves: (3.3/3.4)
Why SRAS is upward sloping
The difference between the SRAS and LRAS
What shifts the SRAS curve
Where the LRAS is anchored
Equilibrium in the AD/AS Model: (3.5/3.6)
Equilibrium in the AD/AS Model: (3.5/3.6)
Oh no! A negative demand shock!
Returning to the LRAS
Wages shift what?!?!?
Long-Run Self Adjustment: (3.7)
Long-Run Self Adjustment: (3.7)
How the economy self-adjust in the long-run
Infographics:
Fiscal Policy (3.8)
Fiscal Policy (3.8)
The Basics of Fiscal Policy
Automatic Stabilizers
Automatic Stabilizers
(3.9)
(3.9)
Built-In Stabilizers: Non-discretionary FP
Classes: ONly the Last 3 Classes of this Unit Are Available
Classes: ONly the Last 3 Classes of this Unit Are Available
Note: There are no classes for the first 4 class days of this unit.

The AS Curve and the AS/AD Model

The AS/AD Model: Applications

Unit 3 Review
Annotated Notes
Annotated Notes

Day 1: The Consumption Function and the Spending Mult

AS/AD Model: Applications

D2: The Spending Multiplier & Investment Demand Curve

Fiscal Policy and the AS/AD Model

D3: Aggregate Demand & A Little of Aggregate Supply

AS/AD Model: Review
Infographic (Slot Notes)
Infographic (Slot Notes)

The MPC & The Spending Multiplier - Slot Notes

Fiscal Policy - Slot Note

Aggregate Demand - Slot Note

AS/AD Model - The SR and LR - Slot Note

Aggregate Supply - Slot Note

AS/AD Model: Shocks Happen - Slot Note
Infographic (Filled In)
Infographic (Filled In)
Everything you need to know about a concept
Everything you need to know about a concept

The MPC & The Spending Multiplier

SRAS: Defining Terms (Bonus Infographic)

Business Investment Spending

The Aggregate Demand Curve

The Short-Run Aggregate Supply Curve

AS/AD Model: Shocks Happen

Fiscal Policy

AS/AD Model - The SR and LR
KGFs (Questions ONly)
KGFs (Questions ONly)

KGF #1: Questions Only

KGF #2: Questions Only

KGF #3 Questions Only

KGF #4: Questions Only

KGF #5: Questions Only