Steven M. Reff
Economics Lecturer
University of Arizona
(2007 - 2016)
The 2015 University of Arizona
Five-Star Faculty Award
Week 11:  Aggregate Demand and Aggregate Supply
Estimated Learning Time:  4 to 5 class periods (45 min. each)
Students' and Teachers' Testimonials
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Standard 11:  Aggregate Demand
Consumption Hunting Game (with squirt gun)
Chapter 14:  Aggregate Demand, Part I
Slope of Aggregate Demand (AD)
(3:10 minutes)
(Make sure you take the 3 multiple choice questions underneath the video.)
Variables that Change the Components of Aggregate Demand (AD), Part I
Components of Aggregate Demand (AD)
(3:12 minutes)
(Make sure you take the 3 multiple choice questions underneath the video.)
(2:46 minutes)
(Make sure you take the 3 multiple choice questions underneath the video.)
Investment Hunting Game (with squirt gun)
Chapter 14:  Aggregate Demand, Part II
Variables that Change the Components of Aggregate Demand (AD), Part II
(2:46 minutes)
(Make sure you take the 3 multiple choice questions underneath the video.)
10 Multiple Choice Questions --  Aggregate Supply and Aggregate Demand
TEST YOURSELF
Reading Assignment -- Chapter 17:
Video Book -- Chapter 17:
"Long-run aggregate supply (LRAS) is typically covered in an on-level high school economics course.
While "on-level" courses may vary by state and district, major curriculum providers and standard syllabi
include it as a foundational part of the Aggregate Demand and Aggregate Supply (AD-AS) model."    
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3
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Standard 11:  Long-Run Aggregate Supply
Interactive Activities -- Chapter 17:
"Aggregate demand is a standard topic covered in on-level high school economics courses. While
microeconomics focuses on individual demand, high school curricula include a macroeconomics
component where students learn about the economy as a whole, specifically through the lens of
aggregate demand and aggregate supply. "    
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1
Standard 11:  Short-Run Aggregate Supply
Video Book -- Chapter 18:
Interactive Activities -- Chapter 18:
Reading Assignment -- Chapter 18:
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(Make sure you take the 3 multiple choice questions underneath the video.)
(3:26 minutes)
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See if You Smart Enough to Answer College-Level Questions about Economic Indicators?
"Short-Run Aggregate Supply (SRAS) is a standard topic in on-level high school economics courses.
While it is a core component of the AP Macroeconomics curriculum, most general high school
economics programs include it as part of the broader study of the Aggregate Demand/Aggregate
Supply (AD/AS) model to explain economic fluctuations."    
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2
Video Book -- Chapter 17:
Interactive Activities -- Chapter 17:
Reading Assignment -- Chapter 17:
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Short-Run Aggregate Supply, Part I (Slope of the SRAS Curve)
Chapter 17:  Short-Run Aggregate Supply (SRAS), Part I
Aggregate Supply (y axis and x axis)
(2:37 minutes)
(Make sure you take the 3 multiple choice questions underneath the video.)
Aggregate Supply (Short-Run Shifts)
Aggregate Supply Ranges
(2:58 minutes)
(Make sure you take the 3 multiple choice questions underneath the video.)
(3:20 minutes)
(Make sure you take the 3 multiple choice questions underneath the video.)
Short-Run Aggregate Supply, Part II (Change in Determinants of SRAS)
Aggregate Supply (Long-run Shifts)
Aggregate Supply (Short-Run and Long-Run), Part II
Silent Movie -- ASAD Graphing
Long-Run Aggregate Supply (LRAS) Slope of LRAS
Long-Run Aggregate Supply (LRAS) Graphing
Long-Run Aggregate Supply (LRAS) Terminology of LRAS
2013 FRQ #2 Scoring Guidelines (rubric)
2012 FRQ #3 (AD and Real Wages)
2013 FRQ #2 (PPC and ASAD)
2012 FRQ #3 Scoring Guidelines (rubric)
(Skip question C)
40 Multiple Choice Questions --  Aggregate Supply and Aggregate Demand
Macroeconomics FRQ "What Is and What Is NOT Included in RGDP?"
Aggregate Demand (Slope and Its Components)
Aggregate Demand (Change in Components and Change in Aggregate Demand)
ASAD Graphing Activity (Combination of AD, SRAS, and LRAS )
Changes on the ASAD Model along with Short-Run and Long-Run Adjustments
Recessionary and Inflationary Gap
Recessionary and Inflationary Gaps back to Full Employment with AD
Recessionary and Inflationary Gaps back to Full Employment with SRAS
Equilibrium in the ASAD Model (ASAD)
"Long-run aggregate supply (LRAS) is typically covered in an on-level high school economics course.
While "on-level" courses may vary by state and district, major curriculum providers and standard syllabi
include it as a foundational part of the Aggregate Demand and Aggregate Supply (AD-AS) model. "    
Ask Google AI
3
Standard 11:  Aggregate Demand and Aggregate Supply Combined
Video Book -- Chapter 19:
Interactive Activities -- Chapter 19:
Reading Assignment -- Chapter 19:
(Make sure you take the 3 multiple choice questions underneath the video.)
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