Project #38410 - macro discussion post

Budget $7

Read Chapters 18 and 20, and remember to include references and links to the websites that you feel are important contributors to your posts (comments). Respond to two of the following Discussion topics.

Topic 1: Aggregate Supply (AS) and Aggregate Demand (AD) model and AS/AD curves are essential to understand macroeconomic fluctuations. Discuss the importance AS-AD model in explaining the macroeconomic conditions of the economy and business cycles like recessions.

Topic 2: Macroeconomic goals and macroeconomic equilibrium are the key elements in macroeconomics. What is long run macroeconomic equilibrium? What are the long run macroeconomic goals?

Topic 3: Explain the key concepts in open-economy macroeconomics. What are the major differences between closed-economy and open-economy? What are the economic policy implications of dealing with an open-economy?

 

Subject Business
Due By (Pacific Time) 08/24/2014 08:00 pm
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