Short-Run Economic Fluctuations | Macroeconomics

Let's learn about the concepts of aggregate demand, aggregate supply, and how changes in demand or supply generate economic fluctuations in the short run. We'll also cover market equilibrium and equilibrium price levels, and what those have to do with short-run economic fluctuations.
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00:00 Intro
00:46 Short run vs. long run
01:57 Modeling framework
02:58 Aggregate demand
03:32 Market equilibrium
07:12 Common mistakes
07:57 Exercise
09:38 Recap

[@kalkidan7955]

brief and precise explanation thank u

[@chegg]

Of course, that's what we're here for 🫶