This week’s topics
Aggregate Demand and Business Activity
- Components of aggregate demand (C, I, G, X-M)
- Economic cycle stages and demand shocks
- Impact of demand shifts on business revenues
- Corporate investment planning under varying demand conditions
- The Aggregate Demand Curve
- Aggregate demand | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy
- The business cycle | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy
- Economics 1 - Lecture 21: Inflation: Aggregate Demand and Su
- Economics 1 - 2014-11-05: Investment Spending
What you will be able to do
- 3.2 Describe the key components of aggregate demand.
- 3.4 Discuss how changes in aggregate demand in the economy impact on the level of economic activity of a business.
Activity
Start with this week’s 5 videos, then: Seminar, guided reading and a short written task: describe the key components of aggregate demand.
Study materials
Videos
- The Aggregate Demand Curve · YouTube · Marginal Revolution University · 6 min · for registered students
- The business cycle | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy · YouTube · Saylor University · 11 min · for registered students
- Aggregate demand | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy · YouTube · Saylor University · 14 min · for registered students
- Y1 5) Consumer Spending and Aggregate Demand · YouTube · EconplusDal · 7 min · for registered students
- Y1 7) Investment and Aggregate Demand · YouTube · EconplusDal · 6 min · for registered students
- Y1 8) Government Spending and Aggregate Demand · YouTube · EconplusDal · 5 min · for registered students
Further resources
- Principles of Economics 3e, ch. 24: The Aggregate Demand/Aggregate Supply Model · PDF · OpenStax, textbook chapter; pp. 597–624 · for registered students
- Principles of Finance 2e, ch. 3: Economic Foundations: Money and Rates · PDF · OpenStax, textbook chapter; pp. 79–112 · for registered students
- Fluctuations in Uncertainty · PDF · NBER, article · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.