Edexcel International AS and A level Economics XEC11/YEC11 · 2.3.1.1.f
The distinction between positive economic growth rates and negative economic growth rates
- Code
- 2.3.1.1.f
- In
- 2.3.1.1 Economic growth
- Topic
- 2.3 Macroeconomic performance and policy
- Course
- International AS and A level Economics XEC11/YEC11
- Board
- Edexcel
Grade boundaries·Edexcel command words
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
Points in 2.3.1.1 Economic growth
- 2.3.1.1.a Real GDP growth as a measure of economic growth
- 2.3.1.1.b Gross National Income (GNI) as an alternative measure of national income
- 2.3.1.1.c Distinctions between measures of GDP and GNI
- 2.3.1.1.d Comparison of GDP/GNI rates of growth between countries and over time
- 2.3.1.1.e Purchasing power parities
- 2.3.1.1.f The distinction between positive economic growth rates and negative economic growth rates
- 2.3.1.1.g The concept of ‘recession’ as two consecutive quarters of negative economic growth
- 2.3.1.1.h Limitations of GDP and GNI for comparing living standards
- 2.3.1.1.i National happiness and wellbeing