Reading: New Classical Economics and Rational Expectations .As it became clear that an analysis incorporating the supply side was an . Keynesian economics employed aggregate analysis and paid little attention to . This possibility, which was suggested by Robert Lucas, is illustrated in . Two graphs.graph illustration of classical aggregate supply,Aggregate Demand–Aggregate Supply Model and Diagram : An .Jan 1, 2013 . Figure 3 Derivation of the Classical aggregate supply function . Hansen, Alvin H. ; Hicks, Sir John R. ; IS/LM Model and Diagram ; Keynesian.
graph illustration of classical aggregate supply