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From this week's reading we learned that aggregate demands boost jobs because produce will need to be increased in order to meet these demands, however this article shows that aggregate demand is high yet job rate is low, so it could maybe be used to battle the accuracy of the Keynesian model economics. One of the reason why they feel aggregate demand is not a good indicator because it doesn't include even the smallest industries like those that make pencils.

This article discusses global economic growth. For the past several years, aggregate GDP growth has been around 3-3.5% per year, with similar levels of inflation. Growth trends in major economies have slowed and a gap between global aggregate demand and supply for goods/services persists. There is an excess of global supply relative to global aggregate demand. The article claims that falling oil prices, low interest rates, and monetary accommodation are responses to the issue of excess supply.

This article, published in the New York Post on November 15, 2015, describes the ongoing debate in the United States about raising the minimum wage. Some believe that a raise in the minimum wage would result in greater aggregate demand, as consumers would have more money to spend. However, this article argues that raising the minimum wage would result in a loss of jobs, hurting production and overall consumption.

A trend is shown where global interest rates gone "relentlessly downward over the past few decades". The rich are getting richer, leaving the rest of the group with less wealth. In addition to that, the rich have a "lower propensity to consumer", this has caused the aggregate demand to fall. It has been noticed that central bank rates have also "trended progressively lower". A conclusion has been made in the article that "as long as wealth and income inequality continue to widen, there will be a savings surplus."

Consumers are upbeat about the economy and their future income prospects, according to the University of Michigan's latest survey. The preliminary headline consumer sentiment index for November was 93.1. Economists had estimated a rise to 91.5 from 90, according to Bloomberg. This increase is likely to become evident in higher consumption, which will shift the AD curve right, thus increasing short term aggregate supply.

One of the intellectually horrifying things about the response to economic crisis was the way many economists, some of them famous, reinvented old fallacies in the belief that they were saying something profound.

This article shows what the problems could be if the households/consumers/workers demanded higher minimum wages. On research in this article says it will decrease employment and give less incentive to the firms to HIREpeople and give them higher wages. However, another studies show that firms might cut back on some benefits for the worker, they might improve the productivity of the product. Moreover, the workers might as well work harder. And much more. The point is that the workers will do whatever it takes to have a high income. Thus it is possible to say that higher minimum wages could improve the economy because then, the national income will rise. And then this will increase the overall GDP of the country, leading to a higher economic growth.

The article describes how the decrease in demand affects the macroeconomics, due to suppliers of coal and petroleum using the railroad to transport their goods. The decline in railroads has caused greater competition, raising the cost of production for these goods, as using the railroad service will be more expensive at times.

Japan's economy is another recession. Many economists believe that the amount of old people int he country could be causing this. Japan's GDP reduced by .8%. Japan has been having economic issues for many years now. Japan's demographics aren't benefiting the country's economy. Since there are more old people then young people in Japan this hurts their GDP. The old people's population is bigger and growing faster than the working population, so the workers cant produce enough to sustain a stable economy. The GDP is Japan suffers because of this.

China is beginning to "talk the walk." That is according to Wei Yao, a strategist at Societe Generale, who published a note on Friday on the country's need for capacity consolidation. Capacity consolidation is another way of saying that China needs to cut back on heavy industry, which sucks up resources and capital.