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Ch 43: WEST Business & Marketing Education: Economic Growth

About This Chapter

Study the theories, models and impact of economic growth through the lessons in this test-prep chapter. Our videos are designed to help you prepare for the WEST Business & Marketing Education teacher certification exam.

WEST Business & Marketing Education: Economic Growth - Chapter Summary

You can use the materials in this chapter to help you review the definitions, models, causes and effects of economic growth. After watching these videos, you should be able to answer questions on:

  • Economic growth theories and impacts
  • Productivity
  • Increasing a nation's potential economic output
  • The Keynesian and classical models
  • The role of government in protecting and promoting the economy

The video lessons can be accessed from either a computer or mobile device, making it easy for you to study whenever and wherever you have time. There are also video transcripts and self-assessment quizzes that you can use to reinforce the topics covered in the videos.

7 Lessons in Chapter 43: WEST Business & Marketing Education: Economic Growth
Test your knowledge with a 30-question chapter practice test
What is Economic Growth? - Definition, Theory & Impact

1. What is Economic Growth? - Definition, Theory & Impact

How do we measure and explain economic growth? This lesson will go through the various theories of economic growth which all try to explain how a country continues to increase production.

Growth Policy and Economic Productivity

2. Growth Policy and Economic Productivity

What do savings accounts and promoting education have to do with helping the economy to grow? In this lesson, we will explore government policies that help promote higher long-run economic growth.

Economic Growth: How to Raise a Nation's Potential Output

3. Economic Growth: How to Raise a Nation's Potential Output

Learn the truth about long run economic growth, including how economists define and illustrate an increase in the potential output of a nation through change in real GDP.

What is Sustainable Economic Growth? - Definition & Overview

4. What is Sustainable Economic Growth? - Definition & Overview

Sustainable economic growth is a hot issue in economics. In this lesson, you'll learn about sustainable growth and some of its important concepts. You'll also have a chance to take a short quiz after the lesson.

The Keynesian Model and the Classical Model of the Economy

5. The Keynesian Model and the Classical Model of the Economy

Economists use two basic models to describe economic growth. In this lesson, you'll find out more about each one of these models using real-world examples. So buckle up your seatbelts!

How the Government Protects the U.S. Economy

6. How the Government Protects the U.S. Economy

The following lesson will cover the ways in which the government protects the U.S. economy and ensures stable economic growth. A short quiz will follow the lesson to check for your understanding.

How the Government Promotes Economic Interests

7. How the Government Promotes Economic Interests

The following lesson will cover how the government promotes its economic interests through businesses, labor, and agriculture. There will be a short quiz following the lesson to check your understanding.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

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