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Question 18N.1.HL.TZ0.b

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Date November 2018 Marks available [Maximum mark: 15] Reference code 18N.1.HL.TZ0.b
Level HL Paper 1 Time zone TZ0
Command term Discuss Question number b Adapted from N/A
b.
[Maximum mark: 15]
18N.1.HL.TZ0.b

Discuss the view that, apart from indicating economic growth rates over time, national income statistics are of little use.

[15]

Markscheme

Answers may include:

  • definitions of economic growth, growth rate, (real) GNI/GNP (per capita), (real) GDP (per capita)
  • a diagram is not required but candidates may use diagram(s) to show economic growth, inequality in the distribution of income
  • explanation of the uses of national income statistics for making comparisons over time, for making comparisons between countries and for making conclusions about the standards of living
  • examples of such uses in practice
  • synthesis or evaluation (discuss).

Discussion may include: consideration of “little use”, the drawbacks of using national income statistics to make conclusions about the standards of living, practical difficulties of measurement and calculation, the narrowness of such statistics, economic growth versus economic development.

Examiners should be aware that candidates may take a different approach which, if appropriate, should be rewarded.

Opinions or conclusions should be presented clearly and should be supported by appropriate examples.

NB Definitions, theory, and examples that have already been given in part (a), and then referred to in part (b), should be rewarded.

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

Syllabus sections