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Cambridge AS & A Level Economics

4.1National income statistics

National income statistics in Cambridge AS & A Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 4.1.1Explain the meaning of national income.
  2. 4.1.2Explain the measurement of national income: GDP, GNI and NNI.
  3. 4.1.3Explain the adjustment of measures from market prices to basic prices.
  4. 4.1.4Explain the adjustment of measures from gross values to net values.

Lessons

  • National income statistics: GDP, GNI and NNI and their measurement

    60 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

National income statistics: sample question

1 mark

Gross national income (GNI) is equal to GDP

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