Managing the National Economy · Macroeconomics

Economic Growth and GDP

Measuring the total output of an economy and the factors that drive long-term prosperity.

Key Questions

  1. 1Does a rising GDP always lead to a better quality of life?
  2. 2What are the environmental costs of pursuing infinite growth?
  3. 3How does investment in infrastructure drive future output?

National Curriculum Attainment Targets

GCSE: Economics - How the Economy WorksGCSE: Economics - Economic Growth
Year: Year 10
Subject: Economics
Unit: Managing the National Economy
Period: Macroeconomics

Suggested Methodologies

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Examining the causes and consequences of rising price levels in the economy.

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Analyzing the types of unemployment and the economic impact of joblessness.

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