Once you understand the basic demand curve, the next step is to grasp how the curve shifts. From there, you can better understand and respond to shifts seen in recession aggregate demand and ...

Learn about aggregate demand including what it is, how to calculate it and the factors which cause aggregate demand shocks.

Three-Stage Aggregate Supply Curve. The aggregate supply curve is a concept in macroeconomics that, with the addition of the aggregate demand curve, shows the equilibrium level of prices and ...