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|WikiProject Economics||(Rated C-class, High-importance)|
Small error I found: In the shifts of AD curve. The curve shifts right when there is a decrease in nominal money supply, not the other way around. — Preceding unsigned comment added by 126.96.36.199 (talk) 21:45, 19 January 2013 (UTC)
What needs to be done
First of all, I dared to upgrade this articles importance. This is one of the most widely recognized economic models, it deserves more than mid! Second, whoever wrote it, thanks for the equations, but please include a legend telling which variable means what. Every textbook uses different letters, so it's not universally understandable. Third, source the equations.
Instead of having equations that have no legend on them, how about we use the AD AS relation in a general form.
Where Y is Output, is Real Money Stock, G is Government spending, T is Taxes, P is Price level, Pe is Price level expected, is the wage markup, L is Labor, and z is a wage catch all variable. Crimsonedge34 (talk) 19:25, 18 September 2009 (UTC)
Look out for possible copyright violations in this article
This article has been found to be edited by students of the Wikipedia:India Education Program project as part of their (still ongoing) course-work. Unfortunately, many of the edits in this program so far have been identified as plain copy-jobs from books and online resources and therefore had to be reverted. See the India Education Program talk page for details. In order to maintain the WP standards and policies, let's all have a careful eye on this and other related articles to ensure that no material violating copyrights remains in here. --Matthiaspaul (talk) 12:29, 1 November 2011 (UTC)