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This Long Run Aggregate Supply, Recession, and Inflation (LRAS) instructional video also includes:
- Graphic & Image
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What happens to price, quantity, and GDP on a graph when the aggregate demand and aggregate supply curves shift? Economics instructor Mr. Clifford provides another great instructional video for macroeconomics students, covering such topics as demand shock, stagflation, full employment, and long run aggregate supply.
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CCSS:
Adaptable
Concepts
Additional Tags
Classroom Considerations
- Pupils should have an understanding of how aggregate demand and aggregate supply are presented on a graph prior to beginning this video
- This video is hosted on YouTube
Pros
- Large, descriptive graph displayed throughout video
- Clear explanations provided by instructor
Cons
- The pace of the video is very quick; this would be best used as a summary or introduction, rather than as a stand-alone lesson