Economics A-Level
Supply-side shocks
What Supply-side shocks means in Economics A-Level, as defined for AQA.
Definition of Supply-side shocks
Check what you remember
Read the wording for your board, then hide it and explain Supply-side shocks in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Changes in raw material prices are modelled as a supply-side shock affecting the SRAS curve, not as a demand shock.
Topics that use Supply-side shocks
- Determinants of short-run aggregate supply (AQA A-Level)
Related terms
Using Supply-side shocks in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge