Causes and Consequences of Economic Growth

What this note covers

1. What Is Economic Growth and Why Does It Matter?
2. Causes of Economic Growth: Aggregate Demand-Side Factors
3. Causes of Economic Growth: Aggregate Supply-Side Factors
4. Economic Consequences of High Growth
5. Social Consequences of High and Low Growth
6. Evaluating Growth: Sustainability, the Environment, and Beyond GDP
7. Exam Technique: Applying AD–AS Diagrams to Growth Questions

7 sections · 14 key terms & formulas · 6 common mistakes