2.5.2 Output gaps - Theme 2 Edexcel A Level Economics

This lesson introduces learners to output gaps, we start by looking at GDP charts and identifying trends to understand long term trend rate of growth. We then look at positive and negative output gaps in more detail with step by step, animated diagrams for clearer explanations. Finally we look at the difficulties of measuring output gaps.
 
Colourful, concise and engaging slides! 
 
Thank you