Growth and development
Growth and development
Economic growth is a rise in real output, usually measured by an increase in real GDP. Economic development is a broader, sustained improvement in living standards, welfare and freedom of choice.
Step-by-step lessons covering AQA A Level Economics 2.6.5 Economic growth and development for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.