Economics CPD Courses Coming up this Term!- Book Your Places Now!
National output declined by 0.3% in the final three months of 2012 bringing into focus the real possibility of the first ever triple dip recession for the British economy. Growth has been weakening for some time; consumers are under pressure, capital investment remains subdued and our export industries are being hit by low demand in key export markets - despite a competitive exchange rate. Overall real GDP showed no growth at all in 2012 and the level of national production of goods and services remains well below the height reached just before the recession first arrived in 2008.
The OECD estimates that the trend growth rate for the UK economy is now less than 2% per year. A new normal growth rate this low poses many questions for businesses that have perhaps been waiting for a stronger rebound in confidence and spending to happen.
FOR MORE REVISION SUPPORT FROM THE TUTOR2U TEAM...
Use the following class codes to join our Zondle revision classes:
Economics: AS Micro 290-66327 AS Macro 290-66328 A2 Micro 290-66329 A2 Macro 290-66330
AQA AS/A2 Business: BUSS1 290-66325 BUSS2 290-66326 BUSS3 290-66323 BUSS4 290-66322
Economics CPD Courses in June 2014 - Book Your Places Now!
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