A-Level Edexcel Economics AS 2.3.5 - Economic growth Topic Practice

Edexcel A-Level Economics AS 2.3.5 - Economic growth question practice helps you revise this syllabus point with the course map in view. Use this page to focus on one topic, check the style of questions available, and connect each attempt back to the knowledge area it is testing.

EduNinja keeps Economics practice aligned to Edexcel at AS level, so you can move from topic review into exam-style question bank work without losing the syllabus structure. Start with a small set, mark the weak steps, then return to nearby topic links when a definition, graph, calculation, or explanation needs repair.

2.3.5.1a - distinction between actual and potential growth
2.3.5.1b - Actual growth caused by an increase in the components of AD
2.3.5.1c - importance of international trade for export-led growth
2.3.5.1d - Causes of potential growth: • domestic investment and foreign direct investment (FDI) •
2.3.5.1e - importance of productivity for the rate of economic growth
2.3.5.2a - Possible benefits of growth: • higher living standards • lower unemployment • increased
2.3.5.3a - Possible costs of growth: • opportunity costs • environmental costs • balance of trade
2.3.5.4a - difference between actual growth rate and long-term trends in growth
2.3.5.4b - distinction between positive and negative output gaps
2.3.5.4c - Characteristics of positive and negative output gaps
2.3.5.4d - Difficulties of measuring output gaps

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