Aggregate Supply (AS): Short Run
Students model the total production in an economy in the short run and analyze its determinants.
Key Questions
- Explain the factors that determine the short-run aggregate supply (SRAS).
- Analyze how changes in input costs affect the SRAS curve.
- Differentiate between movements along and shifts of the SRAS curve.
National Curriculum Attainment Targets
Suggested Methodologies
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