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S E41: Aggregate Demand & Aggregate Supply

Think Like An Economist

CHAPTER

In the Long Run, Aggregate Supply Will Be the Same

This season we've been looking at the mackero economy, which can be a little hard to get our heads around. To make sense of all this, we've talked about a bunch of different models and frameworks that you can use to see and understand the economy a bit more clearly. With macero economics, we need to bring in all the s players, consumers, investors, foreigners, the government. Let's step back and think about the economy as a concert with a singer, a guitarist, a keyboard player, someone on the drums,. each adding a different instrument. Now what i want you to do is swap all the musicians in the concert for consumers, Investors, government, exp

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