After the recession that struck Albania in 2013, the country experienced a significant rise in emigration. Albanian workers and students in other countries have expressed little desire to return. However, the government is trying to implement policy measures that could attract more people to return to the country. Discuss whether or not an economy benefits from many of its students studying abroad.
Exam No:0455_s23_qp_23 Year:2023 Question No:4(d)
Answer:

Knowledge points:
4.6.1 definition of economic growth
4.6.2 measurement of economic growth:Real Gross Domestic Product (GDP) and how it can be used to measure economic growth. GDP per head (capita).
4.6.3 causes and consequences of recession:Meaning of recession and how a recession moves the economy within its PPC. How changes in total demand may increase the utilisation of resources and GDP – resulting in a movement from inside toward the PPC.
4.6.4 causes of economic growth: How economic growth shifts the economy’s PPC to the right and is caused by changes in investment, technology, and the quantity and quality of the factors of production.
4.6.5 consequences of economic growth(The costs and benefits of economic growth in the context of different economies.)
4.6.6 policies to promote economic growth(The range of policies available to promote economic growth and how effective they might be.)
5.3.1 the factors that affect population growth:Birth rate, death rate, net migration, immigration and emigration.
5.3.2 reasons for different rates of population growth in different countries
5.3.3 the effects of changes in the size and structure of population on different countries :The concept of an optimum population. The effects of increases and decreases in population size and changes in the age and gender distribution of population.
5.4.1 differences in economic development between countries :Causes and impacts of differences in income; productivity; population growth; size of primary, secondary and tertiary sectors; saving and investment; education; and healthcare.
Solution:
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