16/07/2020
https://youtu.be/CdgQgyg-qME
VIDEO FOR ACTUARIAL SCIENCE- CB2/CT7 STUDENTS.
It covers topics:
- AD-AS MODEL
- why is AD downward sloping?
- why is AS upward sloping?
- effects of price change
- inter- temporal substitution effect
- real balance effect
- international substitution effect
- causes of inflation
- demand pull inflation
- cost push inflation
-relation between demand pull and cost push inflation
- Philip's curve
- money illusion concept
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VIDEO FOR ACTUARIAL SCIENCE- CB2/CT7 STUDENTS. It covers topics: - AD-AS MODEL - why is AD downward sloping? - why is AS upward sloping? - effects of price c...