Aggregate Demand and Aggregate Supply, Their Compositions and Factors Affecting Them

The article is devoted to highlight the Concepts of Aggregate Demand and Aggregate Supply are two fundamental concepts in macroeconomics that help us understand how the economy works. The study of macroeconomics revolves around concepts like Aggregate Demand and Aggregate Supply, which form the basis of understanding the overall performance of an economy. In this plan, we will delve into the concepts of Aggregate Demand and Aggregate Supply, the factors affecting them and the equilibrium state between the two. Additionally, we will build a model of Aggregate Demand and Supply to better grasp the intricacies of their relationships.