GLOBAL ECONOMY (1 Viewer)

[nb2594]

What is the difference between economic activity and economic growth . Can someone explain it in simple terms

Also I wanted to ask how you guys do your notes for economics and whats the most effective method of studying for economics??

 

[determine]

economic activity is more what PROMOTES economic growth - so economic activity would be things such as trade and investment which in turn lead to economic growth (which is an increase in real GDP).

doing notes for economics should be done systematically - topic by topic - and make sure that you integrate statistics and case studies where necessary.

 

[OzKo]

economic activity is more what PROMOTES economic growth - so economic activity would be things such as trade and investment which in turn lead to economic growth (which is an increase in real GDP).

doing notes for economics should be done systematically - topic by topic - and make sure that you integrate statistics and case studies where necessary.

This is critical. Failing to do so will result in mediocre marks regardless of how well you present the theory.