Monday, 14 March 2011

Lower Sixth Homework


Draw fig 14.6 and explain why the AS curve is shaped the way it is.  Clearly label equilibrium real output and price
Draw a diagram showing an increase in AD.
Analyse five changes which could lead to an increase in AD. [success criteria : 4/5 clear linkages ; correct terminology]
Draw a diagram showing an increase in AS.
Read page 183.  Analyse how an increase in oil prices could lead to an increase in AS. [success criteria : 4/5 clear linkages ; correct terminology]
Exercise 14.2 on page 184

3 comments:

Anonymous said...

When is this due?

Anonymous said...

Monday

Anonymous said...

wtfffffffff braaaaav!