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Modeling Long-Run Economic Growth and Policies in Macroeconomics Models

Understand the representation of economic growth in models, effects of growth policies, and distinguish between long-run growth and short-run fluctuations. Learn how to model with Production Possibilities Curve and Aggregate Demand-Supply Model.

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Modeling Long-Run Economic Growth and Policies in Macroeconomics Models

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  1. 40 ModuleEconomic Growth inMacroeconomic Models • KRUGMAN'S • MACROECONOMICS for AP* Margaret Ray and David Anderson

  2. What you will learnin thisModule: • How long-run economic growth is represented in macroeconomic models • How to model the effects of economic growth policies

  3. Distinguishing Between Long-run Growth and Short-run Fluctuations

  4. Long-run Economic Growth and the Production Possibilities Curve C C’ K K’

  5. Long-run Economic Growth and the Aggregate Demand-Aggregate Supply Model

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