18 key macroeconomics diagrams for AS level and O level
Updated: Jun 24, 2020
Diagrams are very important for economics exams. Adding a relevant diagram to your essay will bring a strong support for your argument and will help you score a maximum of marks. A good grasp of diagrams is also essential for multiple choice questions.
The golden rule for diagrams is that they must be
✓ Accurate
✓ Big
✓ Clear
✓ Adapted to the question
Here is a list of the key macroeconomics diagrams you must be familiar with before sitting for your AS level or O level economics exam.
Aggregate demand and aggregate supply
1. The aggregate demand curve
The aggregate demand curve
2. The short run aggregate supply curve
2. The short run aggregate supply curve
3. The long run aggregate supply curve
3. The long run aggregate supply curve
4. The long run aggregate supply curve
5. The aggregate demand curve and aggregate supply curve
5. The aggregate demand curve and aggregate supply curve
Inflation and deflation
6. Cost push inflation
6. Cost push inflation
7. Demand pull inflation
7. Demand pull inflation
8. Deflation
8. Deflation
Macroeconomic government policies
9. Expansionary fiscal policy and expansionary monetary policy
Expansionary fiscal polity and expansionary monetary policy