2.3.3 Long-run aggregate supply (LRAS) - Theme 2 Edexcel A Level Economics
This double lesson introduces learners to long-run aggregate supply, we start by looking at the classical and keynes models, with a discussion on spare capacity to understand the keynes version. Step-by-step animated diagrams with explanations so it is easy for students to understand and for the teacher to deliver. We then look at the factors which can shift LRAS. Lots of practice questions with illustrated answers so students know if they are on the right track.
In the second part of the lesson, students combine their knowledge on AD and AS, we read a case study on rising house prices and attempt a question on the effects on AD and AS. A model answer is provided and students can peer assess with the marking grid.
Two links to kahoot quizzes to finish with.
Colourful, concise and engaging slides!