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  2. Aggregate demand - Wikipedia

    en.wikipedia.org/wiki/Aggregate_demand

    An aggregate demand curve is the sum of individual demand curves for different sectors of the economy. The aggregate demand is usually described as a linear sum of four separable demand sources: [6] = + + + where

  3. Aggregation problem - Wikipedia

    en.wikipedia.org/wiki/Aggregation_problem

    The aggregate consumer demand curve is the summation of the individual consumer demand curves. The aggregation process preserves only two characteristics of individual consumer preference theory—continuity and homogeneity. Aggregation introduces three additional non-price determinants of demand: Number of consumers

  4. Supply and demand - Wikipedia

    en.wikipedia.org/wiki/Supply_and_demand

    The aggregate demand-aggregate supply model may be the most direct application of supply and demand to macroeconomics, but other macroeconomic models also use supply and demand. Compared to microeconomic uses of demand and supply, different (and more controversial) theoretical considerations apply to such macroeconomic counterparts as aggregate ...

  5. Aggregate behavior - Wikipedia

    en.wikipedia.org/wiki/Aggregate_behavior

    The demand for gross domestic product is measured by the aggregate demand function which is: AD = C + I + G + (X-M) Aggregate demand is the sum of all individual demands in the market. [6] Having said that, aggregate behavior may or may not result in changes of the aggregate demand due to the different thoughts of economics.

  6. Keynesian economics - Wikipedia

    en.wikipedia.org/wiki/Keynesian_economics

    Keynes interprets this as the demand for investment and denotes the sum of demands for consumption and investment as "aggregate demand", plotted as a separate curve. Aggregate demand must equal total income, so equilibrium income must be determined by the point where the aggregate demand curve crosses the 45° line. [63]

  7. Gorman polar form - Wikipedia

    en.wikipedia.org/wiki/Gorman_polar_form

    Formally: [1] consider an economy with consumers, each of whom has a demand function that depends on his income and the price system: (,) The aggregate demand of society is, in general, a function of the price system and the entire distribution of incomes:

  8. Sports At Any Cost - The Huffington Post

    projects.huffingtonpost.com/ncaa/sports-at-any-cost

    The HuffPost/Chronicle analysis found that subsidization rates tend to be highest at colleges where ticket sales and other revenue is the lowest — meaning that students who have the least interest in their college’s sports teams are often required to pay the most to support them.

  9. AD–AS model - Wikipedia

    en.wikipedia.org/wiki/AD–AS_model

    The AD–AS or aggregate demand–aggregate supply model (also known as the aggregate supply–aggregate demand or AS–AD model) is a widely used macroeconomic model that explains short-run and long-run economic changes through the relationship of aggregate demand (AD) and aggregate supply (AS) in a diagram.