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

4.2.2.6 Determinants of LRAS: Part 2: Factors

Also AQA AS 7135: 3.2.2.6

Everything you need on what shifts LRAS, in the words examiners reward. An interactive seven-step lesson goes with it.

What's on this sheet

  1. The rule for LRAS
  2. Measures and calculations
  3. The six key factors
  4. SRAS or LRAS?
  5. Classic question: will more spending on education shift LRAS?
  6. Side 2: practice tasks, where the marks go, and exam-style questions
  7. Separate answer key

The lesson in seven steps

  1. Shift the economy's capacity
  2. SRAS, LRAS, both, or AD?
  3. Where does potential growth come from?
  4. The calculation trainer
  5. Education and deregulation
  6. Build the chain
  7. Exam practice

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