1. 1.2 Uses of National
income data

2. Unit 4 part 1
• The economic cycle and economic
growth
• Use of national income data to assess
living standards
• Inflation and deflation
• Unemployment

3. Objectives
• Revision questions on
your reading
• Evaluate the usefulness of
national income statistics
in helping measure living
standards in different
countries.

4. Revision questions
1. What is GDP? (how do you calculate it?)
2. What is GNP? (how do you calculate it?)
3. What is NI? (how do you calculate it?)
4. Explain 3 difficulties of using GDP as a
measure of living standards
5. Explain 2 alternatives to using national
income as a measure of economic welfare
6. Explain 4 of the 13 quality of life indicators

5. Objectives
• Revision questions on
your reading
• Evaluate the usefulness of
national income statistics
in helping measure living
standards in different
countries.

6. “Evaluate the
usefulness of
national
income
statistics in
helping
measure living
standards in
different
countries.” (25
marks)
Key definitions 3 advantages
Possible
alternatives +
explanations
3
disadvantages
Other possible
measures?
Conclusion
Use statistics and examples.
From the UK and elsewhere
Due in: Tuesday 24th September

7. Objectives
• Revision questions on
your reading
• Evaluate the usefulness of
national income statistics
in helping measure living
standards in different
countries.