MACROECONOMIC ANALYSIS:

COMBINED DEMAND AND

AGGREGATE SUPPLIES
1. Essence of macroeconomic equilibrium
2. Combined demand and his forming
3. Non-price factors of the combined
demand
4. Description of aggregate supply
5. Models of aggregate supply,
examined in a macroeconomic theory.
Essence of macroeconomic
equilibrium

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 MACROECONOMIC
EQUILIBRIUM
SUPPOSES BALANCED
OF BASIC BLOCKS OF
ECONOMIC SYSTEM

COMBINED DEMAND
PRODUCTIONS AND
AND AGGREGATE
INVESTMENT
SUPPLY

ECONOMIES AND MATERIAL-MATERIAL

CONSUMPTION AND
And FINANCIAL
ECONOMIES INVESTMENTS STREAMS
Combined demand and his forming

 Basic components of the combined demand or combined charges:

 Consumer charges (С)
 Investment charges (I)
 Government spending (G)
 Clean export (NX)


 At = With + I + G + NX
  
 Explanation of negative inclination the crooked HELL it is accepted to bind to three major effects in
a market economy:
 The effect of interest rate (effect of Keynes) shows up in the following.
 As far as a general price advance the shortage of money is felt in the economic system. Demand on
money begins to grow. As suggestion of money is stable, the increase of demand on money causes
growth of interest rate. An interest rate increases the cost of loan capital, and, the volume of the
combined demand grows short.
 The effect of the real cash tailings (effect of Pigu) is related to the process of inflation. The financial
assets of market subjects «melt» as far as a price (other things being equal) advance, their possibilities
to save the attained level of consumption diminish, that results in reduction of the combined
demand.
 The effect of the imported purchases is also related to the dynamics of prices. He consists in that in
the case of price advance on the domestic commodities of population increases demand for goods of
the imported production (at stable prices on an import). An export grows short, and with him and
the combined demand in a national production.
Description of aggregate supply

 AGGREGATE SUPPLY (AS) is the REAL

VOLUME of VNP (COMMODITIES AND
SERVICES) WHICH CAN BE OFFERED to
MARKET ON EACH OF POSSIBLE
STANDARD of PRICES
 AGGREGATE SUPPLY IS INCREASED
(DIMINISHES) WITH CHANGE OF
GENERAL ALL PRICE INDEX AT THE
MARKET OF COMMODITIES AND
SERVICES