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Understanding Aggregate Supply and Demand: Key Concepts for Business Cycles

This resource focuses on essential concepts of Aggregate Supply and Demand in both long-run and short-run contexts, highlighting their significance in business cycles. It also outlines the upcoming schedule for course assessments, including multiple-choice questions, course evaluations, and information on the final exam covering Chapters 1-13, 15, and 16. The exam will consist of 60 questions, with a distribution emphasizing recent material. Prepare effectively to succeed in understanding these critical economic concepts.

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Understanding Aggregate Supply and Demand: Key Concepts for Business Cycles

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  1. Dec 2 • Aggregate Supply • Long Run • Short Run • Aggregate Demand • Business Cycles

  2. Schedule: 12/2 Ch 15 12/4, 12/7 Ch 16 12/9 1. Econ Dept Assessment—20 multiple choice questions (counts as 1 30 point Aplia assignment) 2. Course Evaluation 3. Course Conclusion Exam information: Ch 1-13, 15, 16 2/3 of questions since last exam, 1/3 on first 2/3 of course; 60 questions Exam is Tuesday 12/15 3:30 – 5:00 301 Williams

  3. US Price Level 1774-1900

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