Unit 3.2: Variations in economic activity—aggregate demand and aggregate supply
Links to pages with lesson plans for unit 3.2: Aggregate demand and supply
This is a link page to sub-pages, containing lesson plans and learning activities, which provide activities and lesson plans for the macroeconomics unit, unit 3.2: Aggregate demand and supply. Typically each lesson plan includes resources to use on an interactive whiteboard and worksheets to print. The pages have full student access to give maximum flexibility to the teacher and the student. There are theoretical notes for extended reading and teacher notes at the top that provide timing information lesson objectives and activity instructions.
Unit 3.2: Aggregate demand and supply
Direct links to the unit pages can be accessed at:
Unit 3.2: Assessment map
This page provides a map of the various assessments included in the unit, including short answers responses, essays and areas for discussion. I have included a section A and section B blank essay template...
Aggregate demand and supply
This page introduces the concept of aggregate demand and aggregate supply and your students will need to understand that the AD of an economy is the sum of the collective individual demand curves. You...
Components of aggregate demand
This section looks at the components of aggregate demand and how changes in one or more of the components - C, G, I or (X-M) will change the level of aggregate demand.What are the components of aggregate...
Equilibrium in macroeconomics (neo-classical perspective)
While there is general consensus among economists concerning the shape of the aggregate demand curve as well as the short run aggregate supply curve, economists tend to disagree over the shape of the...
Equilibrium in macroeconomics (keynesian perspective)
This lesson looks at the macroeconomic equilibrium from a keynesian perspective. Start this lesson off with a simple survey, do your IB students support a keynesian or neoclassical view of economics....
John Maynard Keynes
This lesson contains information on Keynes, the man himself. I believe that this is a good time in the syllabus to provide a biography of the man's work but similarly there may also be teachers who prefer...
Keynesian v free market debate
This page contains a historical account of the most recent financial crisis to hit the USA and the measures employed to rescue their ailing economy. There are two significant questions to take out of...
Changes in the long run aggregate supply
This lesson connects a shift in the production possibility frontier (PPF) which your classes will have learnt at the beginning of the course with a shift in the productive capacity of the economy - long...
Unit 3.2: Aggregate demand and supply review sheet
I have included this page, which contains a PDF handout as a simple revision exercise. I find that many IB students get a degree of comfort from these short summary handouts.Available as a PDF file at:...