Khan Academy: Lesson Summary: Long Run Aggregate Supply

In this lesson summary review and remind yourself of the key terms and graphs related to short-run aggregate supply. Topics include sticky wage theory and menu cost theory, as well as the causes of short-run aggregate supply shocks.

In this lesson summary review, remind yourself of the key terms and graphs related to the long-run self-adjustment mechanism. The long-run self-adjustment mechanism is one process that can bring the economy back to "normal" after a...

We claim that aggregate supply is not responsive to changes in the price level in the long run, leading to a vertical long-run aggregate supply (LRAS) curve, but why? In this video we explore why aggregate supply may not be influenced by...

Practice what you've learned about why long-run aggregate supply curve (LRAS) is vertical, and the relationship between LRAS and the stock of resources, technology, and the natural rate of unemployment in this exercise.

In this lesson summary review and remind yourself of the key terms and graphs related to changes in the AD-AS model. Topics include AD shocks, such as changes in consumption, investment, government spending, or net exports, and supply...

In this instructional activity summary review and remind yourself of the key terms and graphs related to a short-run macroeconomic equilibrium. Topics include how to model a short-run macroeconomic equilibrium graphically as well as the...

In this lesson summary review and remind yourself of the key terms and graphs related to aggregate demand (AD). Topics include the wealth effect, the interest rate effect, and the exchange rate effect, as well as the factors that shift...

In this activity summary review and remind yourself of the key terms and concepts related to how policymakers can influence economic growth. This resource is designed as a review for the AP Macroeconomics Test or a college-level...

This lesson summary from Khan Academy is intended for students who are taking the AP Macroeconomics course. In this lesson summary will review key terms and calculations related to fractional reserve banking, required reserves, excess...

In this lesson summary review and remind yourself of the key terms, graphs, and calculations used in the analysis of supply. Topics include the distinction between supply and quantity supplied, the law of supply, and the determinants of...