Material Detail

Calculating Equilibrium Output

The Keynesian model of the economy was presented in class. The difference between equilibrium GDP and potential GDP was discussed. In this exercise, students are provided with data to calculate equilibrium GDP. In addition, students are asked to describe the process they used to calculate the equilibrium and analyze the state of the economy. In the second part of this assignment, students repeat the process using slightly different data....

Disciplines:

Business / Economics / Macro

Go to Material

Bookmark / Add to Course ePortfolio

Create a Learning Exercise

Add Accessibility Information

Rate

Add a Comment

Quality

Selected For Peer Review
User Rating
Comments
Learning Exercises
Bookmark Collections
Course ePortfolios
Accessibility Info

Report Broken Link
Report as Inappropriate

More about this material

Material Type:: Drill and Practice
Date Added to MERLOT:: January 2, 2023
Date Modified in MERLOT:: March 9, 2023
Author:: Amber Casolari, Riverside City College
Submitter:: Cathy Swift

Primary Audience:: College General Ed, College Lower Division
Technical Format:: Website
Mobile Compatibility:: Not specified at this time
Language:: English
Cost Involved:: No
Source Code Available:: Unknown
Creative Commons:: This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International