Document Details

Economic Growth Notes

User Description:
Notes on economic growth and how to measure this using things such as real GDP measures

Thinkswap Satisfaction Guarantee

Each document purchased on Thinkswap is covered by our Satisfaction Guarantee policy. If you are not satisfied with the quality of any document, or you believe the document was incorrectly described or categorised, Thinkswap will provide a full refund of exchange credits so you can check out another document. For more information please click here.

This student studied:
Claim a Thinkswap Bounty

Do you know if the Subject listed above has changed recently? Click report to earn free Exchange Credits!

Document Information:
7 Pages Partial Study Notes 1-2 Years old
Share

1 Ex Credit


Document Screenshots:
Economic Growth Notes
Topics this document covers:
Economy Macroeconomics Economics Production economics National accounts Gross domestic product Economic growth Sustainability metrics and indices Real gross domestic product Productivity Inflation Genuine progress indicator
This is a Partial Set of Study Notes

Partial Study Notes typically cover only single topics of a unit of study or do not cover multiple topics in significant detail. They are generally less than 20 pages in length.

What are Exchange Credits:

Exchange Credits represent the worth of each document on Thinkswap. In exchange for uploading documents you will receive credits. These can then be used to checkout other documents on Thinkswap.

Topics this document covers:
Economy Macroeconomics Economics Production economics National accounts Gross domestic product Economic growth Sustainability metrics and indices Real gross domestic product Productivity Inflation Genuine progress indicator
Sample Text:
This means increasing the sustainable standard of living of its growing population. Sustainable = 3-4% p.a. The three important economic objectives that governments pursue are related to sustainable economic growth, full employment and price stability. Economic growth is measured by the annual change in real GDP. In Australia, a desirable rate of growth is around 3.5% p.a. This growth rate is determined by the growth rate of the labour force, and the growth in productivity. When economic growth is less than 3%, it is hard to achieve the employment objective, and if it is too high (above 4%), it will be difficult to control inflationary pressures. Price stability occurs when inflation is low. The target rate in Australia is between 2-3% p.a. Full employment is when everyone who is willing to work can find employment. The unemployment rate associated ...
Similar Documents to Economic Growth Notes

Economics Notes Year 11(Preliminary)

This student studied:
HSC - Year 12 - Economics

Notes covering a majority of the Economic Syllabus. A majority of these notes were taken from the textbook, there are some examples of sample paragraphs. Uses China as a major case study when comparing it with Australia.

5 Ex Credits

View Details

Eco Notes Chapter 1-2

This student studied:
HSC - Year 11 - Economics

These are good detailed yet cons ice notes one can draw from very helpful top of the class half yearly

1 Ex Credit

View Details

Economic Notes

This student studied:
HSC - Year 12 - Economics

top notes from my bro covers most of the syllabus and is worth the read so ye can i get my points

1 Ex Credit

View Details

Complete Set of Notes for HSC Economics

This student studied:
HSC - Year 12 - Economics

All questions covered in class included as well as the most recent statistics (up to 2014), used in both final HSC exam and trials, in which I received band 6 marks for both.

5 Ex Credits

View Details