Circular flow, AD and AS
Edexcel 9EB0T2-5bA-levelLesson packSubscription
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- 9 questions
- 36 marks
- about 50 minutes
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Question types: multiple choice, short answer, fill the gap, matching, calculation.
About this resource
Edexcel Economics B (9EB0) Theme 2, Unit T2-5 (spec ref 2.5.2) — the circular flow of income between households and firms; injections (investment, government spending, exports) and withdrawals/leakages (savings, taxation, imports); the growth rule (injections > withdrawals = growth, and vice vers…
18 slides.
Lesson outline
- Do Now — Retrieval
- Hinge Check — Injection or Withdrawal?
- The Circular Flow of Income
- Injections, Withdrawals and the Growth Rule
- Hinge Check — The Growth Rule
- Guided Practice — Injection or Withdrawal?
- Aggregate Demand: AD = C + I + G + (X − M)
- Hinge Check — What's in AD?
- Aggregate Supply: Short-Run AS and Productive Capacity
- Hinge Check — AD or AS?
- Reading the AD/AS Diagram
- Guided Practice — Shift AD
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