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Aggregate Demand and Supply

15 resources created by 10 users

This Aggregate Demand and Supply page on GoConqr gathers community-made quizzes, mind maps, flashcards and notes, from consumer expenditure and the components of aggregate demand to short-run and long-run aggregate supply and the IS-LM model. It's built for university students and professional candidates, school students, and teachers after ready-made material. There are over 100 resources here, including more than 20 quizzes and over 90 mind maps, so you can revise for A-level Economics, AP Macroeconomics or IB. Pick a topic, try a quiz to find your gaps, then make your own.

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About Aggregate Demand and Supply

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What the page covers

This unit page brings together material on both sides of the AD-AS model. On the demand side, the mind map Consumer Expenditure looks at real disposable income, wealth and how spending changes as income rises. The mind map Components of Aggregate Demand and the one on aggregate demand built around C+I+G+X-M help you see how the parts fit together.

On the supply side, the mind map Aggregate Supply explains total output at a given price level and introduces the two types of supply curve. You will also find mind maps on short-run and long-run aggregate supply, plus notes on the Classical and Keynesian AS curves.

Where to start

  1. Open the mind map Aggregate Demand and Supply for an overview.
  2. Move to the demand-side maps, then the supply-side ones.
  3. Use flashcard decks such as Definitions to learn terms like the accelerator effect and supply side shock.
  4. Look at the mind map on applying the IS-LM model if you are studying at university level.

Using quizzes and maps together

Read a map first, then take a quiz on the same topic. The quizzes Aggregate Supply and Demand and Aggregate supply and demand are good places to check what stuck. When you miss a question, go back to the matching map and read that branch again. Flashcards then help you fix the wording of definitions.

Some resources are aimed at specific courses. One quiz covers AP economics, including fiscal policy and supply side economics, and the page also lists revision decks such as Year 12 AS/AD Trivia Questions.

Where this fits

This unit sits within the Macroeconomics strand of Economics. Alongside AD and AS, the listed material touches on the multiplier effect, the circular flow of income, saving and investment, and monetary and fiscal policy.

Choose one resource that matches what you are working on today, and open it. If you want to go further, you can build your own versions to suit your course.

Frequently asked questions

Where should I start on this page?

Start with the mind map Aggregate Demand and Supply for an overview. Then read Aggregate Supply and the demand-side maps, such as Consumer Expenditure. After that, try the quiz Aggregate Supply and Demand to see which parts need another look before you move on to flashcards.

What do the mind maps cover?

They cover the components of aggregate demand, consumer spending and its determinants, investment, short-run and long-run aggregate supply, shifts of the AD curve and the IS-LM model. Some also look at the Keynesian model, the foreign sector, and the influence of monetary and fiscal policy on aggregate demand.

Are these resources free to use?

Yes. Every resource listed here is free to open, study and take, with no account needed. They were made by GoConqr users, not by GoConqr itself, so styles and depth vary. A free account lets you save quiz scores and create your own quizzes, maps, flashcards and notes.

Which levels and exams do the resources suit?

The page mixes secondary and university material, with more at university level. Listed resources mention A-level Economics, AP Macroeconomics and IB. University students and professional candidates will find IS-LM and intermediate macroeconomics maps, while school students can use the AS/AD decks and quizzes.

Are there resources for learning key terms?

Yes. The flashcard deck Definitions covers consumption, investment, interest rate, the personal savings ratio, the accelerator effect, long run aggregate supply and supply side shock. There are also vocabulary decks for individual chapters, which suit quick recall once you have read the maps.

What if I cannot find the topic I need?

Try a nearby resource first. Notes on the multiplier effect, the circular flow of income, or saving and investment may cover related ground. If the topic is still missing, you can make your own quiz, mind map, flashcards or notes with a free account.

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