Economics A-Level
Animal spirits
What Animal spirits means in Economics A-Level, as defined for AQA.
Definition of Animal spirits
Check what you remember
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Reference: AQA
The emotional, psychological, and often irrational factors that drive consumer and investor confidence.
Topics that use Animal spirits
- Economic growth and the economic cycle (AQA A-Level)
Related terms
- Aggregate demand
- Aggregate supply
- Asset price bubbles
- Economic fluctuations
- Externalities
- Inequality
- Inflationary pressures
- Long-run economic growth
Using Animal spirits in the exam
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