Macro: Unit 2.4 -- Aggregate Equilibrium

Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Define aggregate equilibrium, GDP shortage, and GDP surplus - Explain how disequilibrium is created and how natural market forces return the economy to equilibrium - Practice calculating changes in quantity demanded and supplied when prices change in an aggregate economy - Analyze inflationary and recessionary gaps and their effects on economic conditions Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video: https://www.teacherspayteachers.com/Product/Aggregate-Equilibrium-Activity-3126253 Follow our store on Teachers Pay Teachers https://www.teacherspayteachers.com/S... Look for us on Social Media: Instagram -- http://www.instagram.com/youwillloveh... Facebook -- http://www.facebook.com/youwilllovehi... Subscribe to our YouTube Channel: https://www.youtube.com/youwillloveeconomics Check out our website for teaching tips and insight from us: https://sites.google.com/view/you-wil...