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3.1.1 What is economic growth
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Producing more output

Producing more output

Economic growth is an increase in a country's real output over a period of time, usually measured over one year. Real output is the quantity of goods and services produced after removing the effect of changes in prices.

3.1.1 What is economic growth Lesson

  1. GCSE
  2. /Economics
  3. /3.1.1 What is economic growth

Step-by-step lessons on OCR GCSE Economics 3.1.1 What is economic growth. 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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