A very detailed look at the causes, pros and cons of economic growth and how it can influence different economies.
Main aim: Students will expand their theory of economic growth and look at very details pros and cons of economic growth. Students will also look at the major impact economic growth can have to an economy.
This lesson covers the following areas:
- The Benefits of Economic Growth
- The Disadvantages of Economic Growth
- The Impact of Economic Growth
- The Stages of the Economic Cycle
- The Causes of Changes in the Economic Cycle
The lesson has numerous written tasks throughout and leads up to a 25-mark exam style essay question.
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