Aggregate Demand Shifts: Analyzing and Evaluating Impact on the Economy

Peter Jordan discusses aggregate demand shifts, focusing on their impact on the economy. He explains how to analyze these shifts using aggregate demand and supply analysis, and how to evaluate the outcomes. The video covers the unpredictability of timing and size of changes, potential conflicts in macro objectives, and the role of spare capacity using the Keynesian IS Curve. The session concludes with a preview of the next topic on AS shifts.

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