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IGCSE Economics · Chapter 4.5

Economic growth

InteractiveDefinition of Economic Growth4.5.1 What economic growth is, actual and potential growth, and the business cycle.Open →
InteractiveMeasurement of Economic Growth4.5.2 Real and nominal GDP, GDP per head, calculating the growth rate, and the limits of GDP.Open →
InteractiveCauses and Consequences of Economic Growth4.5.3 Growth from higher demand, more resources or better resources, and its advantages and disadvantages.Open →
InteractiveCauses and Consequences of Recession4.5.4 What a recession is, its causes, and its effects on consumers, workers, firms and the government.Open →
InteractivePolicies to Promote Economic Growth4.5.5 The range of fiscal, monetary, supply-side, investment and trade policies and how effective they are.Open →