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3 questions on The Impact of Economic Growth (Edexcel specification 2.5.4) from the A-Level Economics papers, 2017–2022. Every question links to the official mark scheme at the page its answer begins on.
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With reference to Figure 2, assess whether an increase in real income improves subjective happiness within the UK.
2.1.1 Measuring Economic Growth · 2.5.4 The Impact of Economic Growth
It has been estimated that if climate change led to the world’s temperature rising 2.5 °C compared to the temperature in 2010, then global GDP per capita would be 15% lower by 2100. If temperatures rise by 4 °C compared to the temperature in 2010, then by 2100 global GDP per capita would decline by more than 30%. Evaluate the potential trade-offs between environmental protection and other macroeconomic objectives.
One of two options in Section C — candidates answered this or the other.
2.6.4 Conflicts Between Objectives · 2.5.4 The Impact of Economic Growth
Evaluate the benefits of economic growth to the UK given that ‘a number of concerns remain’ in the UK economy (Extract A, line 7).
One of two options in Section B — candidates answered this or the other.
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