Topics
Supply shocks (aggregate supply)
Supply-side shocks affect short run aggregate supply and can also affect a country's long-run productive potential. Examples of supply shocks might include: Steep rise in oil and gas prices or other commodities used in productionPolitical turmoil / civil unrest / major strikesSupply shut-downs caused by a public health crisisNatural disasters causing a sharp fall in productionUnexpected breakthroughs in production technology (example of favourable supply shock)
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UK energy price cap to be updated every three months
4th August 2022
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A Question of Supply - Heathrow implements a Capacity Cap
13th July 2022
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Supply-Side Policies - Three Revision Videos
Topic Videos
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2022 Exams - Industry Profiles - UK Energy Market
Topic Videos
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Economic Cycles - Supply-Side Shocks
Topic Videos
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Economic Growth (Revision Quizlet Activity)
Quizzes & Activities
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Price Mechanism - Volatile Prices for Natural Gas
Topic Videos
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The Supply Crunch
Topic Videos
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Aggregate Supply - Selection of Revision MCQs
Practice Exam Questions
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History suggests that Western economies are resilient to shocks
18th February 2021
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Economic Growth - 2021 Revision Update
Topic Videos
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AD-AS Analysis: Currencies and Oil Prices
Topic Videos
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Short Run Aggregate Supply - Revision Playlist
Topic Videos
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Markets in Action - Crude Oil Prices
Topic Videos
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What is Economic Scarring?
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Long Run Aggregate Supply - Key Factors
Topic Videos
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Macro policies to prevent an economic depression
Topic Videos
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Aggregate Demand and Aggregate Supply - Clear The Deck Key Term Knowledge Activity
Quizzes & Activities
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Edexcel Theme 2 Macro Knowledge Book - Aggregate Demand and Aggregate Supply
Quizzes & Activities
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Demand and Supply-Side Economic Shocks
Study Notes
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Aggregate Demand and Aggregate Supply - Connection Wall Activity
Quizzes & Activities
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Shifts in Aggregate Supply
Topic Videos
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Learning from Economic Shocks
25th May 2017