Relevant Exam Boards: A-Level (Edexcel, OCR, AQA, Eduqas, WJEC), IB, IAL, CIE Edexcel Economics Notes Directory | AQA Economics Notes Directory | IB Economics Notes Directory Macroeconomic Objectives Definitions: Economic growth is defined as an increase in real GDP over time; whereas GDP refers to the total value of goods/services […]
Monthly Archives: September 2020
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Relevant Exam Boards: A-Level (Edexcel, OCR, AQA, Eduqas, WJEC), IB, IAL, CIE Edexcel Economics Notes Directory | AQA Economics Notes Directory | IB Economics Notes Directory Public Goods Definitions: A public good is defined as a good which is non-excludable and non-rivalrous. A good is non-rivalrous if the consumption/use of […]