Topic updates
UK Economy Update: Components of Aggregate Demand
Geoff Riley
25th November 2022
In this short revision video we look at data on the components of aggregate demand for the UK economy and consider why 2023 is likely to be a year of a shallow but perhaps lengthy recession.
- Economics
- Blog
- Topic updates
- Aggregate demand
- Real GDP
- Nominal GDP
- Gross domestic product (GDP)
- Economic cycle
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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