Welcome to the Capstone Web site. This Web site was designed to help support usage of the Capstone publication. Within this Web site you will find a wealth of information about the publication as well as several resources which can be used to supplement the Capstone materials in the classroom.

When combined with a textbook, Capstone provides activities for a complete high school economics course. 45 exemplary lessons, over half of which are completely new, help students learn to apply economic reasoning to a wide range of real-world subjects—ranging from personal finance to global issues. The economic way of thinking helps students bring logic and meaning to all high school economics courses.

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The publication of Capstone and this Web site were made possible through funding from the Calvin K. Kazanjian Economics Foundation.

	Aggregate Supply (AS) A schedule (or graph) that shows the value of output(real GDP) that would be produced at different price levels. In the long run, the schedule shows a constant level of real GDP at all price levels, determined by the economy's productive capacity at full employment. In the short run, the aggregate supply schedule may show different levels of real GDP as the price level changes.
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