Spec 7136
Revise AQA A Level Economics 2.2.2 Aggregate demand and aggregate supply analysis with the question bank, lessons, revision guides, and flashcards.
Changes in the price level are represented by movements along the aggregate demand (AD) and aggregate supply (AS) curves. • The various factors that shift the AD curve and the short-run AS curve. • The factors which affect long-run AS and distinguish them from those which affect short-run AS. • Underlying economic growth is represented by a rightward shift in the long-run AS curve.