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What aggregate supply shows

What aggregate supply shows

Two diagrams showing an upward-sloping SRAS curve and a vertical LRAS curve, with average price level on the vertical axis and real GDP on the horizontal axis

Aggregate supply (AS) is the total quantity of goods and services that producers plan to supply at each average price level. It describes planned production across the whole economy, not the supply of one product.

2.3.1 The characteristics of AS Lesson

  1. A Level
  2. /Economics
  3. /2.3.1 The characteristics of AS

Step-by-step lessons on Edexcel A A Level Economics 2.3.1 The characteristics of AS. 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