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Aggregate demand

Explanation

Aggregate demand: In macroeconomics, aggregate demand is the total demand for final goods and services in an economy at a given time. It specifies the amounts of goods and services that will be purchased at all possible price levels. This is the demand for the gross domestic product of a country. It is often called effective demand, though at other times this term is distinguished.

  • also known as 總需求

Printed dictionaries and other books with definitions for Aggregate demand

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Google previewEconomics: Principles and Policy (2008)

by William Baumol, Alan Blinder

Aggregate demand is a schedule: The aggregate quantity demanded depends on (among other things) the price level. But, for any given price level, aggregate demand is a number. 3. Economists reserve the term investment to refer to ...

Google previewMacroeconomics: Principles and Policy (2008)

by William Baumol, Alan Blinder

Aggregate demand is a schedule: The aggregate quantity demanded depends on (among other things) the price level. But, for any given price level, aggregate demand is a number. 3. Economists reserve the term investment to refer to ...

Google previewMarkets for Managers (2014)

A Managerial Economics Primer by Anthony J. Evans

It is tempting for policymakers to try to mask those errors, and stimulating aggregate demand is a little like trying to freeze the economy. It gives the appearance that everything is OK, but only because nothing is able to move. The alternative is ...

Google previewTheory of Financial Decision Making (1987)

by Jonathan E. Ingersoll

Thus, aggregate demand is a combination of wd and wg. In equilibrium, supply equals demand; therefore, the market portfolio must be a minimum-variance portfolio, and (29) describes expected returns: z = Zzl + (ZM - Z2)pM, (42) where z ...

Google previewEncyclopedia of Political Economy: L-Z (1999)

by Phillip Anthony O'Hara

By doing this, Keynes avoids the common problems of aggregating heterogeneous physical goods and unit supply prices that persist in today's orthodox aggregate demand and supply models. By assuming a given structure of employment, ...

Google previewDictionary of Economics (2006)

by S.N. Chand

AGGREGATE SUPPLY CURVE General Price Level Aggregate Demand Curve Output Fig. 1. Aggregate Demand Curve. economy, aggregate demand is composed of the demand for consumption goods (c) and the demand for capital goods ...

Google previewEncyclopedia of Political Economy (2002)

2-volume Set by Phillip O'Hara

By doing this, Keynes avoids the common problems of aggregating heterogeneous physical goods and unit supply prices that persist in today's orthodox aggregate demand and supply models. By assuming a given structure of employment, ...

Google previewThe Dictionary of Modern Economics (1983)

by D. W. Pearce

Aggregate Demand Curve.

Google previewEncyclopaedic Dictionary of Economics (1985)

by N. B. Ghodke

AGGREGATE DEMAND <*Keynesian economics) The sum of money that buyers are willing to spend for the given level of output. Havens, Henderson and Canimer Aggregate demand— the total demand of the entire community for goods and ...

Google previewA Dictionary of Marketing (2011)

by Charles Doyle

D aggregate demand The total of planned expenditure on goods and services in an economy. This economic measure is used by marketers for a number of tasks: in assessing investments in geographical markets; planning campaigns for ...

Google previewA Lexicon of Economics (2014)

by Kenyon A. Knopf

AGGREGATE DEMAND (AD) This payment is to help support the union's collective bargaining. The fee usually is equal to that portion of union dues that supports the regular “business” activities of the union and excludes portions that support ...

Google previewThe Palgrave Macmillan Dictionary of Political Thought (2007)

by R. Scruton

aggregate demand very important to know, not only the thoughts and declared policies of a party, but also its underlying agenda. A 'hidden agenda' is one that is deliberately concealed, usually by adopting another, harmless-seeming agenda ...

Google previewThe Sterling Dictionary Of Economics (1996)

by Dipavali Debroy

|NFLATlONAFlY GAP: At a full employment level of national income, excess of aggregate demand over aggregate supply. Since the economy is at a full employment level of national income, real output cannot increase. The excess aggregate ...

Google previewLongman Dictionary of Financial Terms (2007)

aggregate demand The total amount of goods and services demanded in an economy by companies, consumers, and government bodies, including foreign participants. Also known as total spending.

Google previewBlackie’s Dictionary of Economics (2015)

by Blackie

aggregate demand A curve showing aggregate demand at all price levels, from a small demand at high prices to a large demand for lower-priced goods and services. aggregate demand curve The total ...

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