Title: Module 6 Introduction: (CU2 M6)
Course: SkillsCom EC 202 15.0 > Section: Credit Unit 2 Module 6- Aggregate Demand and Aggregate Supply Analysis

The aggregate demand and supply model is introduced and explained in this Module. The determinants and shift factors for aggregate demand, short run aggregate supply, and long run aggregate supply are explained. Moreover, these curves are combined to characterize the macroeconomic equilibrium in static and dynamic settings.

Module Outcomes:

- Describe and show what causes aggregate demand, short run aggregate supply, and long run aggregate supply to change.
- Draw the macroeconomic equilibrium on an aggregate demand and supply diagram.
- Describe and show how the economy will return to equilibrium after a shock out of equilibrium.