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[[Image:Aggregate supply.svg|thumb|right|400px|Aggregate supply curve showing the three ranges: Keynesian, Intermediate, and Classical. In the Classical range, the economy is producing at full employment.]]
In [[economics]], '''aggregate supply''' is the total supply of goods and services that firms in a national economy plan on selling during a specific time period. It is the total amount of goods and services that firms are willing and able to sell at a given price level in an economy.{{Citation needed|date=February 2012}}
==Analysis==
There are two main reasons why the amount of aggregate output supplied might rise as ''P'' rises, i.e., why the ''AS'' curve is upward sloping:
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