This is the final one of a set of Powerpoints (and accompanying Notes/Key Terms sheets) that I have created for my own teaching of the macroeconomic topics in the new (linear) AQA A-level Economics specification (7135). They follow the order of teaching recommended by the exam board and (generally) the AQA-approved textbooks (Powell & Powell, 2015).
Key terms covered in this Powerpoint: (references to the specification):
4.2.6.5 Economic growth and development
• The difference between growth and development.
• The main characteristics of less-developed economies.
• The main indicators of development, including the Human Development Index (HDI).
• Factors that affect growth and development, such as: investment, education and training.
• Barriers to growth and development, such as: corruption, institutional factors, poor infrastructure, inadequate human capital, lack of property rights.
• Policies that might be adopted to promote economic growth and development.
• The role of aid and trade in promoting growth and development.
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