Macro-Economics

MACRO ECONOMICS BY:- NIMESH PATEL RAJKUMAR THANVI

ECONOMICS ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],Economics

ECONOMICS MICRO-ECONOMICS MACRO-ECONOMICS

MACRO-ECONOMICS ,[object Object],[object Object]

USES OF MACRO-ECONOMICS ,[object Object],[object Object],[object Object]

Supply and Demand ,[object Object],[object Object],[object Object]

The Law of Demand ,[object Object],[object Object],[object Object],[object Object]

Aggregate Demand for Goods & Services ,[object Object],[object Object]

P 2 Y 1 Y 2 P 1 Aggregate Demand Curve ,[object Object],Goods & Services (real GDP) Price Level AD A reduction in the price level will increase the quantity of goods & services demanded.

[object Object],[object Object],P 2 Y 1 Y 2 P 1 Goods & Services (real GDP) Price Level AD A reduction in the price level will increase the quantity of goods & services demanded.

The Law of Supply ,[object Object],[object Object],[object Object]

economics ,[object Object],P 105 P 100 P 95 Y 1 Y 2 Y 3 Aggregate Supply Curve Goods & Services (real GDP) Price Level AS (P 100 ) An increase in the price level will increase the quantity supplied in the short run .

economics ,[object Object],P 105 P 100 P 95 Y 1 Y 2 Y 3 Goods & Services (real GDP) Price Level AS (P 100 ) An increase in the price level will increase the quantity supplied in the short run .

Four Key Markets Coordinate the Circular Flow of Income ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],Four Key Markets

[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],The Circular Flow Diagram

Macro-Economics

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