Real national income per person
Real national income per person
Real GDP per capita is the main measure used to assess changes in material living standards over time. It measures the value of final goods and services produced, adjusted for inflation and divided by the population.
Step-by-step lessons covering AQA A Level Economics 2.1.4 Uses of national income data (A-level only) 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.