Aggregate Demand and Supply - Mind Map

Mind Maps have been produced to introduce topics and give students an overview of key topics being studied. The maps can be viewed as a whole page or, for those who prefer a more linear approach, as a text version.

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• Aggregate Demand (AD)
  • Consumption Expenditure
    • Tax rates
    • Wage increases
    • Credit
    • Interest rates
    • Wealth
      • Property
      • Shares
      • Savings
      • Bonds
  • Investment Expenditure
    • Machinery
    • Equipment
    • Buildings
    • Infrastructure
  • Government Spending
    • Defence
    • Health
    • Social Welfare
    • Education
    • Foreign Aid
    • Regions
    • Industry
    • Law and Order
  • Import Spending (negative)
    • Goods and services bought from abroad
  • Export Earnings (Positive)
    • Goods and services sold abroad
• Key variables
  • Inflation
  • Growth
  • Unemployment
  • Balance of Payments
• Macroeconomic policy
  • Fiscal Policy
    • Government Income (taxes and borrowing)
    • Government Spending
  • Supply Side Policy
  • Monetary Policy
    • Interest Rates (Bank of England)
• Aggregate Supply (AS)
  • Long Run AS
  • Short Run AS
  • Total Output
  • Capacity of the Economy
    • Costs of Production
    • Technology
    • Education and Training
    • Incentives
    • Tax regime
    • Capital stock
    • Productivity
    • Labour Market