Aggregate Demand and Aggregate Supply
Students will use the AD-AS model to analyze macroeconomic equilibrium, economic fluctuations, and policy impacts.
Key Questions
- Explain how changes in aggregate demand affect output and price levels.
- Analyze the factors that shift the aggregate supply curve.
- Predict the short-run and long-run effects of fiscal and monetary policies using the AD-AS model.
Ontario Curriculum Expectations
Suggested Methodologies
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