Home of real teaching & learning
  • Full support for teachers
  • Focus on critical thinking
  • Engaging classroom activities
  • Integrated student eBook
  • Assessed tasks / qBank
  • Practice exam questions

The InThinking Guarantee: Our sites are written by expert practitioners and not by AI

See our AI policy

Disclaimer: InThinking subject sites are neither endorsed by nor connected with the International Baccalaureate Organisation.

Don't miss out, find out!

Unit 3.2(1): Variations in economic activity - aggregate demand

This page covers the components of aggregate demand: consumption, investment, government expenditure and net exports. A country's economic activity level is measured by its real GDP, which is determined by the interaction of aggregate demand and aggregate supply of the whole economy. Aggregate demand is the total expenditure on all final goods and services produced in the economy at a given price level and at a given...

Help