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1. Business Fluctuations 2. Recession 3. Aggregate Demand (AD) 4. Spending growth 5. AD curve 6. Long Run Aggregate Supply (LRAS) 7. LRAS curve 8.

1. Business Fluctuations

2. Recession

3. Aggregate Demand (AD)

4. Spending growth

5. AD curve

6. Long Run Aggregate Supply (LRAS)

7. LRAS curve

8. Real Shocks

9. Aggregate Demand Shocks

10. Short Run

11. Long Run

12. Sticky Prices and Wages

13. Menu Costs

14. Short Run-Aggregate Supply

15. Long Run Transition

16. Intertemporal substitution

17. Time bunching

18. Irreversible investment

19. Labor adjustment costs

20. Collateral damage

21. Interaction Effects

1. Dynamic AD/ AS

1. Unemployment Rate

2. Inflation Rate

3. Nominal to real conversion

4. Equation of Exchange

1. John Maynard Keynes

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