What is the difference between the Classical and Keynesian models of economics with regard to price levels and the aggregate supply graphs?

Additional Tags

classical economics, keynesian economics, aggregate supply, social studies

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Instructional Ideas

• Consider using video as an informative resource for your own instruction so that you can better answer questions and clarify concepts

Classroom Considerations

• Learners should already be familiar with classical model of economics and terms such as GDP and full employment before beginning video
• Appropriate for an advanced economics class

• This video is hosted on YouTube

Pros

• Primary instructional points included throughout the video at the bottom of the screen

Cons

• None

Common Core

RH.11-12.1 RH.11-12.2 RH.11-12.4