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3.1.3 Explain how growth is measured
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What economic growth measures

What economic growth measures

Economic growth is an increase in the quantity of goods and services produced by an economy over time. It is usually measured by the percentage change in real GDP.

3.1.3 Explain how growth is measured Lesson

  1. GCSE
  2. /Economics
  3. /3.1.3 Explain how growth is measured

Step-by-step lessons on OCR GCSE Economics 3.1.3 Explain how growth is measured. 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.

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