Uses of National Income Data & Living Standards - Year 2 - Macroeconomics / Economics A-Level

A good overview and whole lesson on how national income data can measured and how it impacts an economy. Lesson aim: Students will understand how income data is measured, why governments measure income data and the main limitations of using income data to access living standards. This 33 slide PPT offers a perfect 2 hour+ lesson on national income data. The lesson looks at the following areas:

• Measuring National Income
• Why do Governments Measure National Income?
• What are the Limitations of Using National Income Data to Measure Living Standards?
• Other ways of measuring living standards
• The Big Mac Index

The lesson has a number of written tasks throughout including two essay-based exam questions at the end. Overall a perfect lesson for A-Level economics.