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3.6 Changes in the AD-AS Model

Part of National Income and Price Determination in AP® Macroeconomics. Read the opening section, then create a free account for the full interactive lesson, practice, and progress tracking.

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In macroeconomics, economic shocks are unexpected events that significantly alter economic activity, impacting both the Aggregate Demand (AD) and Aggregate Supply (AS) curves within the AD-AS model. These shocks can be either positive or negative and affect real GDP and the price level in various ways depending on their nature.

In this unit

9 lessons

  1. 3.1Aggregate Demand (AD)Preview lesson
  2. 3.2MultipliersPreview lesson
  3. 3.3Short-Run Aggregate Supply (SRAS)Preview lesson
  4. 3.4Long-Run Aggregate Supply (LRAS)Preview lesson
  5. 3.5Equilibrium in the AD–AS ModelPreview lesson
  6. 3.6Changes in the AD-AS ModelThis lesson
  7. 3.7Long-Run Self-AdjustmentPreview lesson
  8. 3.8Fiscal PolicyPreview lesson
  9. 3.9Automatic StabilizersPreview lesson

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