This resource introduces the concept of Aggregate Demand (AD). It is aimed at Year 12 students (AS Level) and is a foundation for the A Level course.
The following resources are included:
- Revision notes for students (3,800 words / 10 pages).
- Typical exam questions (15).
- Model answers.
All resources are in Microsoft Word format (so that you can amend them if you wish).
You are welcome to print / copy these resources for your students, or put on your internal VLE – but please do not share with other institutions or put on an external website.
The following concepts are covered:
■ Aggregate Demand – definition and diagram.
■ The Aggregate Demand curve – movement along vs shift.
■ Components of AD.
■ Factors that affect consumption.
■ Factors that affect investment.
■ Factors that affect government spending.
■ Factors that affect exports and imports.