Aggregate Supply and Demand, Fundamental Variables of the Macroeconomic Prediciton

Constantin Ciurlau and Florin Cristian Ciurlau
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Constantin Ciurlau: University of Craiova
Florin Cristian Ciurlau: University „Titu Maiorescu”, Târgu-Jiu

Annals of University of Craiova - Economic Sciences Series, 2008, vol. 3, issue 36, 1109-1118

Abstract: The macroeconomic prediction has extremely important, complex and difficult objectives in a competitive economy and that is due to a multitude of reasons. In this context, we estimated the fact that a key-role can be attribute to the anticipation and the projection of some essential balances of the development, process which is at the basis of the prospective study of the behaviors of the aggregate demand and offer – the concepts and the variables with the highest degree of generalization from the study of the economy and not only. We started in our study, from the analytical basics of the aggregate demand and offer, we pointed out the dependence of the production and of the prices on the interaction of the aggregate demand and offer, we used as working instruments the curves of the aggregate demand and supply and we outlines the consequences of the variation of the two sized under different circumstances.

Keywords: aggregate demand; aggregate supply; balance price; potential production (search for similar items in EconPapers)
JEL-codes: E00 E20 E30 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:3:y:2008:i:11:p:1109-1118

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