EconPapers    
Economics at your fingertips  
 

Teaching Aggregate Demand and Supply Models

Graeme Wells

No 2173, Working Papers from University of Tasmania, Tasmanian School of Business and Economics

Abstract: This note analyses the inflation-targeting model that underlies recent textbook expositions of the Aggregate Demand-Aggregate Supply approach used in introductory courses in macroeconomics. The paper shows how numerical simulations of a model with inflation inertia can be used as a tool to help students understand adjustments in response to demand and supply shocks of various kinds.

Keywords: economic modeling; econometrics; teaching methods; instructional materials (search for similar items in EconPapers)
Pages: 18 pages
Date: 2007-09, Revised 2007-09
New Economics Papers: this item is included in nep-cmp and nep-mac
References: Add references at CitEc
Citations: Track citations by RSS feed

Published by University of Tasmania, School of Economics and Finance working paper put online Sept 3, 2007

Downloads: (external link)
http://eprints.utas.edu.au/2173/ First version, 2007 (application/pdf)

Related works:
Journal Article: Teaching Aggregate Demand and Supply Models (2010) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tas:wpaper:2173

Access Statistics for this paper

More papers in Working Papers from University of Tasmania, Tasmanian School of Business and Economics Contact information at EDIRC.
Bibliographic data for series maintained by Oscar Pavlov ().

 
Page updated 2021-05-10
Handle: RePEc:tas:wpaper:2173