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Is national happiness going to be a better way to measure economies than GDP, in 2020? [Year 12 Enrichment Task]

Penny Brooks

21st May 2020

Year 12 economics students are likely to have studied the various measures of national happiness, or wellbeing, as alternatives to GDP. With the GDP of the UK predicted to shrink by up to a third, and the Chancellor Rishi Sunak saying this week that we should not expect a swift recovery, this may be a good moment to evaluate the usefulness of an economic measure of national happiness, instead of GDP.

Yr 12 7 Is National Happiness Going To Be A Better Way To Measure Economies Than Gdp In 2020

Penny Brooks

Formerly Head of Business and Economics and now Economics teacher, Business and Economics blogger and presenter for Tutor2u, and private tutor

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