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Question 18N.1.HL.TZ0.4a

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Date November 2018 Marks available [Maximum mark: 10] Reference code 18N.1.HL.TZ0.4a
Level HL Paper 1 Time zone TZ0
Command term Explain Question number a Adapted from N/A
a.
[Maximum mark: 10]
18N.1.HL.TZ0.4a
(a)

Explain the potential effects on the economic growth rate from a substantial increase in the number of skilled people of working age entering a country.

[10]

Markscheme

Answers may include:

  • definitions of economic growth, growth rate
  • diagram(s) to show how an outward shift of the AD curve and/or an outward shift of the LRAS/production possibility curve would lead to economic growth
  • explanation of how an increase in the population leads to an increase in AD in the short term (resulting in short-term economic growth) and/or how an increase in the number and qualification of the workforce leads to an increase in the quality and quantity of labour (resulting in long-term economic growth)
  • examples of immigration affecting economic growth rates of countries.

Marks should be allocated according to the paper 1 markbands for May 2013 forward, part A.

Syllabus sections