Analyse economic growth using economic concepts and models

What this standard covers

• Real and nominal GDP, and other measures of economic growth
• The production possibility frontier and productive capacity
• The circular flow model and its injections and leakages
• The AS/AD model as a cause of changes in growth
• Impacts of growth on groups in New Zealand society and on the environment

Past exam papers

The three most recent years. Every link opens on the NZQA website.