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Cambridge IGCSE Economics

4.5.1-4.5.3Definition, measurement, causes and consequences of growth

Definition, measurement, causes and consequences of growth in Cambridge IGCSE 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. 4.5.1Define economic growth.
  2. 4.5.2Explain the measurement of economic growth by real GDP.
  3. 4.5.3Explain the causes of economic growth and its advantages and disadvantages.

Lessons

  • Economic growth: meaning, measurement, causes and consequences

    30 min

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Sample question

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

Definition, measurement, causes and consequences of growth: sample question

1 mark

Why do economists measure economic growth using real GDP rather than nominal GDP?

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