Economic Growth
Students investigate the sources and effects of economic growth in Australia. The topic covers the components of aggregate demand and the multiplier effect.
About This Topic
Students investigate the sources and effects of economic growth in Australia. The topic covers the components of aggregate demand and the multiplier effect.
Key Questions
- What are the primary components of aggregate demand?
- How does the multiplier process amplify economic growth?
- What are the positive and negative effects of rapid economic growth?
Active Learning Ideas
See all activities→Activities & Teaching Strategies
See all activities
More in Economic Issues
Unemployment and Inflation
An analysis of the causes, types, and impacts of unemployment and inflation. Students explore the short-term trade-off between inflation and unemployment.
8 methodologies
Distribution of Income and Wealth
Examines the measurement of income and wealth inequality in Australia using the Lorenz curve and Gini coefficient. Students evaluate government policies designed to redistribute income.
8 methodologies
Environmental Sustainability
Students explore the concept of ecologically sustainable development and market failure regarding environmental goods. The topic covers policies to address negative externalities like pollution.
8 methodologies