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Edexcel A-Level Economics AS 2.3.1 1i National Happiness and Wellbeing Indicators of National Happiness and Wellbeing Questions

Practise interpreting happiness and wellbeing data alongside real incomes to explain why GDP per capita may not track subjective welfare.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • use real-income and happiness-score changes to explain consumption, security or anxiety effects
  • evaluate macro-objective gains against inequality, stress, pollution and diminishing income benefits

Edexcel A-Level Economics AS 2.3.1 1i National Happiness and Wellbeing Indicators of National Happiness and Wellbeing Questions question 1

[Maximum number: 4]

Guinea's real GDP per capita increased from $4127 to $5434 between 2013 and 2021. Guinea's average world happiness score for 2012-2014 and 2020-2022 is shown in the table. This score gives a value between 0 and 10 , where 10 is the highest level of subjective happiness.

Table for Question Edexcel A-Level Economics AS 2.3.1 1i National Happiness and Wellbeing Indicators of National Happiness and Wellbeing Questions question 1 — Edexcel A-Level Economics AS

With reference to Guinea, explain one likely impact of higher real incomes on subjective happiness.

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