Edexcel A Level · 9EC0 · Theme 2: The UK economy: performance and policies
2.3.3 Factors Influencing LRAS
Also Edexcel AS 8EC0
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
- The rule for LRAS
- Measures and calculations
- The six factors in the spec
- SRAS or LRAS?
- Classic question: will more spending on education shift LRAS?
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Shift the economy's capacity
- SRAS, LRAS, both, or AD?
- Where does potential growth come from?
- The calculation trainer
- Education and deregulation
- Build the chain
- Exam practice
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