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Macroeconomics: GDP, Price Levels, Inflation, and Unemployment – Core Concepts and Measurement

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Nominal GDP and Real GDP

  • Percorso guidato
    Nominal GDP and Real GDP
    09:15
  • Percorso guidato
    Inflation and the GDP Deflator
    03:04

Inflation and Consumer Price Index (CPI)

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    Calculating CPI and Inflation Rate
    08:35
  • Percorso guidato
    Consumer Price Index (CPI)
    04:40
  • Percorso guidato
    Inflation
    03:34

Using CPI to Adjust for Inflation

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    Using CPI to Adjust for Inflation
    04:34
  • Percorso guidato
    Using CPI to Adjust for Inflation
    02:49

Problems with the Consumer Price Index (CPI)

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    Problems with CPI
    05:24

Shortcomings of GDP

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    Shortcomings of GDP
    02:21

Labor Force and Unemployment

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    Problems with Measuring Unemployment
    04:35
  • Percorso guidato
    Labor Force and Unemployment
    05:58

Productivity and the Per-Worker Production Function

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    Per-Worker Production Function:Change in Technology
    02:27
  • Percorso guidato
    Catch-up Effect
    05:51
  • Percorso guidato
    Per-Worker Production Function
    05:02