Macroeconomic Performance and Goals · Macroeconomics

Economic Growth and Standard of Living

Distinguishing between quantitative growth and qualitative improvements in human welfare.

Key Questions

  1. 1Does a rising GDP necessarily mean that the average citizen is better off?
  2. 2What are the environmental trade-offs of rapid industrial expansion?
  3. 3How does income inequality influence the sustainability of economic growth?

MOE Syllabus Outcomes

MOE: Economic Growth - JC2MOE: Standard of Living - JC2
Level: JC 2
Subject: Economics
Unit: Macroeconomic Performance and Goals
Period: Macroeconomics

Suggested Methodologies

Ready to teach this topic?

Generate a complete, classroom-ready active learning mission in seconds.

Generate a Custom MissionBrowse Lesson Plan Templates

More in Macroeconomic Performance and Goals

Inflation and Price Stability

Examining the causes of price level changes and their effects on purchasing power and investment.

2 methodologies

Unemployment and the Labor Market

Categorizing types of unemployment and evaluating the social and economic costs of idle labor.

3 methodologies

Browse curriculum by country

AmericasUSCAMXCLCOBR
EuropeUKIEFRDEESITNLPTSE
Asia & PacificINSGAU