AQA A Level · 7136 · Paper 2: The national and international economy

4.2.2.2 AD and AS Analysis: Part 2

Also AQA AS 7135: 3.2.2.2

Everything you need for questions on AD/AS equilibrium, in the words examiners reward. An interactive seven-step lesson goes with it.

What's on this sheet

  1. Where AD meets AS
  2. Measures and calculations
  3. AD shocks and AS shocks
  4. Classical and Keynesian outcomes
  5. A classic chain
  6. Classic question: will a rise in AD cause inflation?
  7. Side 2: practice tasks, where the marks go, and exam-style questions
  8. Separate answer key

The lesson in seven steps

  1. Why the economy settles where AD = AS
  2. Predict, then watch the equilibrium move
  3. The calculation trainer
  4. The same rise in AD, two models
  5. Inflation, and supply shocks
  6. Build the chain
  7. Exam practice

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