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5.2.7 AD/AS analysis of the impact of expansionary and contractionary fiscal policy
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Aggregate Demand and Equilibrium

Aggregate Demand and Equilibrium

Aggregate demand is total planned spending on an economy's output at each price level. It is calculated using AD=C+I+G+(X−M)AD = C + I + G + (X - M)AD=C+I+G+(X−M), where CCC is consumption, III is investment, GGG is government spending and X−MX - MX−M is net exports.

5.2.7 AD/AS analysis of the impact of expansionary and contractionary fiscal policy Lesson

  1. Intl A Level
  2. /Economics
  3. /5.2.7 AD/AS analysis of the impact of expansionary and contractionary fiscal policy

Step-by-step lessons on CIE Intl A Level Economics 5.2.7 AD/AS analysis of the impact of expansionary and contractionary fiscal policy. Each one builds up to exam-style questions.