Lesson 3.5 - Business cycles and Fiscal policies
Learning Goals: By the end of this lesson you will be able to
•Explain the macroeconomy through aggregate demand and
supply analysis
•Demonstrate an understanding of
the fluctuations of the economy as explained by the business cycle
•Use an aggregate supply and
demand model to analyze how government fiscal policy can be used to achieve
economic goals
Success Criteria: By the end of this lesson you will be able to understand aggregate demand and supply, business cycle , fluctuation and the fiscal policy.
- •fiscal policy•expansionary fiscal policy•contractionary fiscal policy•aggregate demand (AD)•aggregate supply (AS)
Students to complete this after you've finished all activities/tasks in today's lesson.