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Software for Teaching Aggregate Demand and Supply Models

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Abstract

The equations below provide an algebraic example of the AD-AS model in G.Wells, 'Teaching Aggregate Demand and Supply Models", Journal of Economic Education. The initial equilibrium is illustrated in the diagram on this sheet.

Suggested Citation

  • Wells, Graeme, 2008. "Software for Teaching Aggregate Demand and Supply Models," Working Papers 7383, University of Tasmania, Tasmanian School of Business and Economics, revised 01 Sep 2008.
    • Handle: RePEc:tas:wpaper:7383
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    File URL: http://eprints.utas.edu.au/7383/
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    JEL classification:

    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics

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