All countries hope to cause their economies to expand and develop through economic growth.

Mark scheme

Marking points from the official mark scheme (May/June 2017). The mark or mark type is shown in brackets.

1. [12] (a) Explanation of economic growth in terms of increase in output, shift in production possibility curve in a given time period. Comment on the nature of a developed country in terms of employment structure, average income level, relatively few poorer people, advanced technology, good infrastructure, high level of skill in the workforce, good social structure, trading position, role of exports/imports, population structure. Level 4 (9-12 marks): for a sound explanation with good illustrations and a clear understanding of the principles involved and a reasoned conclusion.
2. [13] (b) A discussion of its consequences in terms of employment, incomes, demand, international competitiveness, possible pressure on price increases, detrimental effects of growth, externalities, resource depletion. Level 4 (9-13 marks): for a sound explanation of the analysis and a comment on advantages and disadvantages of growth. Structured answer with a conclusion.