Measuring Economic Growth
Measuring Economic Growth
Economic growth is an increase in the real output of an economy over time. It is usually measured by the annual percentage change in real GDP.
Step-by-step lessons on AQA A Level Economics 2.3.1 Economic growth and the economic cycle. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.