The AD/AS Model
The AD/AS Model
Aggregate demand is the total planned spending on an economy's goods and services at each average price level. Its four components are shown by:
Step-by-step lessons on AQA A Level Economics 2.2.2 Aggregate demand and aggregate supply analysis. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.