Economics GCSE
External shocks
What External shocks means in Economics GCSE, as defined for AQA.
Definitions of External shocks
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
Read the wording for your board, then hide it and explain External shocks in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Events such as extreme weather affecting agricultural yields or sudden disruptions to global supply chains can drastically alter supply.
Events such as natural disasters or poor weather that shift the supply curve, and which can be positive or negative.
Topics that use External shocks
- Supply for goods and services (AQA GCSE)
Related terms
- Change in supply
- Costs of production
- Goods and services
- Government intervention
- Indirect taxes
- Law of supply
- Market forces
- Movement along the curve
Using External 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 GCSE termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge