Equilibrium After a Shift
Equilibrium After a Shift

Macroeconomic equilibrium is where aggregate demand, ADADAD, intersects short-run aggregate supply, SRASSRASSRAS. When either curve shifts, the equilibrium moves and real output, the price level and employment can all change.
Step-by-step lessons on CIE Intl A Level Economics 4.3.12 effects of shifts in the AD curve and the AS curve on the level of real output, the price level and employment. Each one builds up to exam-style questions.