aggregate supply and aggregate demand.

We're going to think about aggregate demand and aggregate, I'll rewrite the word, aggregate supply.

Right here we're talking in microeconomic terms, but then if we think about aggregate supply and demand, so this is aggregate, so this is, let me write aggregate, aggregate right over here, this is price, this is real GDP, this is our aggregate demand, aggregate, aggregate demand.

The aggregate numbers are overwhelming.

This is the aggregate demand.

So, 'aggregate', what happens in aggregate to an economy, from the millions of individual actors.

Actually, we're going to start with aggregate demand and then start talking about aggregate supply.

We're actually measuring its oxygen consumption, its energy consumption.

The aggregate numbers are absolutely overwhelming

So aggregate capacity will go on.

About each attribute and then aggregate those.

And then our short run aggregate supply might look something like this, aggregate supply in the short run.

So when you look online at the way people aggregate, they don't aggregate around age, gender and income.

Power Consumption self powered

I want pure consumption.

Consumption and poor quality

On current consumption, that's about 130 percent of domestic consumption for rare earths.

Aggregate economy. We now have millions of actors.

But there wasn't actual aggregate savings going on.

So here you would have more aggregate buyers.

I lowered my meat consumption.

Fundamentally it's a consumption issue.

Meat consumption increased five fold.

Population growth meat consumption dairy consumption energy costs bioenergy production stress on natural resources.

Social choice functions are ones that aggregate people's preferences.

About 60 of our GDP was on consumption. And consumption always isn't a bad thing.

The price doesn't include consumption tax.

Alcohol consumption is increasing every year.

Japan's consumption of rice is decreasing.

The price includes the consumption tax.

Consumption isn't always a bad thing.

I call this groundswell collaborative consumption.

Because there will always be consumption.

But consumption tax cannot be exported.

The energy consumption of the United Kingdom, the total energy consumption not just transport, but everything

So that would have increased the aggregate demand for housing.

They both use vertical bars, and they both aggregate data.

And what I mean by that is that we can move from mindless consumption to mindful consumption.

That's 15 minutes of our cup consumption.

As a result, déclassé consumption is in.

They just have a different consumption pattern.

They had zero impact on energy consumption.

let's say one unit of consumption each.

We have six billion units of consumption.

Its oxygen consumption rate fell by tenfold.