AP Economics – 3/29/19

I. Bellwork

  • Page 170 Tackle the Test 1-5 & p. 171 #2

II. Objectives:

  • Use the aggregate demand curve to illustrate the relationship between the aggregate price level and the quantity of aggregate output demanded in the economy
  • Explain how the wealth effect and interest rate effect give the aggregate demand curve a negative slope
  • Identify the factors that can shift the aggregate demand curve

III.  Notebook Work

A.  Correctly Copy & label Consumption function Graph P.164-165

B.  Page 175 Copy & Label Aggregate Demand Graph

C.  P. 174 Why Is Aggregate Demand Downward Sloping?  Brace Map

D.  P. 176 Factors that Shift Aggregate Demand  – Tree Map

IV. Discussion Videos:

V.  Classwork

  • 17.1 & 17.2 on iLearn

VI.  Homework/Break Work

  • Module 16 Questions Part B  – Closes 3/31
  • Module 17 Questions – Closes 4/07


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