Unit 3 - Macro

(National Income and Price Determination)

Unit 3

(In a nutshell)

Infographic - Unit 3.pdf


Unit 3 Overview

Intro Unit 3 (spend mult_AS-AD_Fis-Policymoviev2.mp4
An Introduction to Unit 3

The Consumption Function:

The Consumption Function (Part 1)
The Consumption Function (Part 2)

Multipliers: (3.2)

Velocity of Money & Spending Multiplier
The Spending Multiplier (Part 1)
The Tax Multiplier

Investment Demand:

Investment Spending (Part 1)
Investment Spending (Part 2)
Investment Spending (Part 3)

The AD Curve: (3.1)

Extra AS Infographic:

SRAS and Defining Terms

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)

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)

Oh no! A negative demand shock!
Returning to the LRAS
Wages shift what?!?!?

Long-Run Self Adjustment: (3.7)

How the economy self-adjust in the long-run

Fiscal Policy (3.8)

The Basics of Fiscal Policy

Automatic Stabilizers


Built-In Stabilizers: Non-discretionary FP

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.

AS-AD Model - The SRAS & The Model
The AS Curve and the AS/AD Model
AS-AD Model - Applications (2021-03-12)
The AS/AD Model: Applications
Unit 3 Review (Spending Mult_AS-AD_Fiscal Policy)
Unit 3 Review

Annotated Notes

T6_Consumption and Investment (Unit3-D1).pdf
Day 1: The Consumption Function and the Spending Mult
T10 - AS-AD Model (Part 3) Annotated.pdf
AS/AD Model: Applications
T6_C, I, and AD(annotated).pdf
D2: The Spending Multiplier & Investment Demand Curve
T11 - Fiscal Policy and AS-AD Model (Annotated) (New).pdf
Fiscal Policy and the AS/AD Model
T9-Agg Demand & Agg Supply (Annotated).pdf
D3: Aggregate Demand & A Little of Aggregate Supply
T9-Agg Demand & Agg Supply (part 2) (Annotated).pdf
AS/AD Model: Review

Infographic (Slot Notes)

Infographic1 - MPC & Multiplier - Slot Notes.pdf
The MPC & The Spending Multiplier - Slot Notes
Infographic7 - Fiscal Policy (slot notes).pdf
Fiscal Policy - Slot Note
Infographic3 - The AD Curve (Slot Notes).pdf
Aggregate Demand - Slot Note
Infographic6 - SR and LR Equil (Slot Note).pdf
AS/AD Model - The SR and LR - Slot Note
Infographic4 - The AS Curve (slot notes).pdf
Aggregate Supply - Slot Note
Infographic5 - AS-AD-Shocks Happen (Slot Note).pdf
AS/AD Model: Shocks Happen - Slot Note

Infographic (Filled In)

Everything you need to know about a concept

Infographic1 - MPC and the Spending Multiplierv2.pdf
The MPC & The Spending Multiplier
Infographic - SRAS Defining Terms.pdf
SRAS: Defining Terms (Bonus Infographic)
Infographic2 - Investment Visual (Updated).pdf
Business Investment Spending
Infographic3 - Aggregate Demand Curve (ie the Total Spending Curve).pdf
The Aggregate Demand Curve
Infographic4 - The AS Curve.pdf
The Short-Run Aggregate Supply Curve

KGFs (Questions ONly)

KGF1 - Questions only.pdf
KGF #1: Questions Only
KGF2 - Questions Only.pdf
KGF #2: Questions Only
KGF3 - Questions Only.pdf
KGF #3 Questions Only
KGF4 - Questions.pdf
KGF #4: Questions Only
KGF5 - Questions.pdf
KGF #5: Questions Only