AP Economics – 4/24/2020

I. 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

II.  Notebook Work

A.  Consumption function Graph P.164-165

B.  Page 175 Aggregate Demand Graph

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

D.  P. 176 Factors that Shift Aggregate Demand 

III. Discussion Videos:

IV.  Classwork

  • Macro 3.1 Practice iLearn
  • 17.1 & 17.2 on iLearn

IMPORTANT LINKS

https://www.youtube.com/user/ACDCLeadership

Macro Unit 3 Practice- AD/AS and Multipliers

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