Students will example the model economists use to analyze the economy's short-run fluctuations--the model of aggregate demand and aggregate supply. Students will learn about some of the sources for sh

Students will example the model economists use to analyze the economy's short-run fluctuations--the model of aggregate demand and aggregate supply. Students will learn about some of the sources for shifts in the aggregate-demand curve and the aggregate-supply curve and how these shifts can cause fluctuations in output. Students will be introduced to actions policymakers might undertake to offset such fluctuations. Students will see why there is a temporary trade-off between inflation and unemployment, and why there is no permanent trade-off.

Assignment Steps

Resources: National Bureau of Economic Research

Select an organization your team is familiar with or an organization where a team member currently works.

Create a 3-4 slide Microsoft® PowerPoint® presentation to present to the organization's Executive Committee. 

Include the following items:

• Introduction (1st slide). 
• (2nd Slide)Identify the three key facts about short-run economic fluctuations and 
• (3rd slide) How the economy in the short run differs from the economy in the long run.

Make use of Speaker Notes for explanations.

Format your presentation consistent with APA guidelines.