Topics
Macroeconomic Equilibrium
Short run macroeconomic equilibrium occurs when short run aggregate supply (SRAS) is equal to aggregate demand. This equilibrium determines the general price level and real GDP level. Changes (shifts) in SRAS and / or AD will bring about a change in the equilibrium.
-
Economic Cycles - Economic Booms
Topic Videos
-
Update on the UK Economy - October 2022
24th October 2022
-
UK Economy in Focus: Consumer Spending and Saving
Topic Videos
-
Key Diagrams - Trade and AD-AS Diagrams
Topic Videos
-
Economic Cycles - Supply-Side Shocks
Topic Videos
-
The Supply Crunch
Topic Videos
-
Aggregate Demand - Selection of Revision MCQs
Practice Exam Questions
-
Aggregate Supply - Selection of Revision MCQs
Practice Exam Questions
-
Economic Growth - 2021 Revision Update
Topic Videos
-
AD-AS Analysis: Currencies and Oil Prices
Topic Videos