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The National Economy · Summer Term

Alternative Measures of Living Standards

Students explore alternative indicators beyond GDP to assess human well-being and development.

Key Questions

  1. Compare GDP with alternative measures of living standards, such as HDI.
  2. Analyze the factors that contribute to a high quality of life beyond economic output.
  3. Evaluate the strengths and weaknesses of different indicators in reflecting societal progress.

National Curriculum Attainment Targets

A-Level: Economics - National Income and Living StandardsA-Level: Economics - Economic Growth
Year: Year 12
Subject: Economics
Unit: The National Economy
Period: Summer Term

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