3.3.1—Economic growth Topic Practice
3.3.1—Economic growth Topic Practice

IB Economics syllabusEconomics SL/HLFirst assessment 2025
Students practise defining economic growth, calculating GDP growth rates from tables, and explaining short- versus long-term causes using AD/AS or PPC diagrams.
How this is tested
- define economic growth as a rise in real GDP per capita, not merely nominal output
- calculate annual GDP growth with the formula and round correctly using table data
- explain short-term growth via AD or SRAS shifts , and long-term growth via LRAS rightward shifts
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