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What Is SRAS?

What Is SRAS?

Graph comparing upward-sloping short-run aggregate supply with vertical long-run aggregate supply, with price level on the vertical axis and real GDP on the horizontal axis

Short-run aggregate supply, or SRAS, is the total real output that firms are willing to produce at each price level. It assumes that money wages and other input prices are fixed or sticky in the short run.

2.2.5 Determinants of short-run aggregate supply Lesson

  1. A Level
  2. /Economics
  3. /2.2.5 Determinants of short-run aggregate supply

Step-by-step lessons on AQA A Level Economics 2.2.5 Determinants of short-run aggregate supply. 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.

Lessons