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The Economy in Motion: Inflation, Deflation, and Supply & Demand

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The Economy in Motion: Inflation, Deflation, and Supply & Demand

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  • Deslizar: 1
  • Business Cycle Aggregate Supply and Demand
  • "The economy's ups and downs—boom, bust, supply, and demand working together!"-Econ Man
  • Scene Description: Econ Man stands before a graph with the Business Cycle rollercoaster and the Aggregate Supply and Demand curves.
  • Deslizar: 2
  • Inflation and Aggregate Demand
  • "Rising costs push the AS curve left, creating cost-push inflation."
  • Scene Description: Econ Man looks at a factory where production costs are rising, shifting the Aggregate Supply curve left, and causing prices to rise.
  • Deslizar: 3
  • Deflation and Its Effects
  • "Good deflation helps, but bad deflation can hurt the economy!"
  • Scene Des: Econ Man stands in a store where prices are falling. In one corner, a sign reads "Good Deflation" (due to productivity), while in the other, "Bad Deflation" causes businesses to close and workers to lose jobs.
  • Deslizar: 4
  • Inflation and Aggregate Demand
  • When demand increases to fast- hello, demand -pull inflation
  • HONK
  • Aggregate Demand
  • Scene Des: Econ Man is blowing a horn labeled "Government Spending," and the Aggregate Demand curve shifts rightward, causing prices to rise.
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