Ashford ECO 203 Week 2 Discussions
ECO 203 Week 2 Discussion 2
WEEK 2 D2Q:
Prior to beginning work on this discussion, read Chapter 6 in the course text and respond to the following components:
- Discuss the reasons why the aggregate demand (AD) curve slopes downward.
- What causes the AD curve and aggregate supply (AS) curve to shift, respectively?
- How would a change in AD and AS affect the economy, respectively?
- Why do Keynesian economists emphasize AD whereas classical economists emphasize AS?
Your initial post should be a minimum of 300 words.
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