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5.1. Living standards

Syllabus
0455–2027–2028
Topic
5.1
Level
—

5.1.1—Indicators of living standards

  • real Gross Domestic Product (GDP) per head
  • Human Development Index (HDI) and its components
  • advantages and disadvantages of real GDP per head and HDI as indicators

5.1.2—Comparing living standards and income distribution

  • reasons for differences in living standards and income distribution within and between countries

Objective notes

2 learning objectives
ConceptIGCSE Economics