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2.3.1 Economic growth and the economic cycle
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What Is Economic Growth?

What Is Economic Growth?

Economic growth is an increase in an economy's real output over time, usually measured by the annual percentage change in real GDP. Real GDP measures the value of goods and services produced using constant prices, so the effect of inflation is removed.

2.3.1 Economic growth and the economic cycle Lesson

  1. A Level
  2. /Economics
  3. /2.3.1 Economic growth and the economic cycle

Step-by-step lessons covering AQA A Level Economics 2.3.1 Economic growth and the economic cycle 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.