A reliable method for analysing GDP
A reliable method for analysing GDP
Begin by describing the overall trend in real GDP across the whole period: rising, falling or broadly flat. Then quote specific figures and periods so that the description is supported by evidence.
Step-by-step lessons on OCR GCSE Economics 3.1.4 Analyse GDP data. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.