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Measuring Total Production and Income: Principles of Macroeconomics (ECON 1104)

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Introduction to Economics

  • Percorso guidato
    Defining Economic Terms: Scarcity, Trade-offs, and Opportunity Costs
    04:30
  • Percorso guidato
    Definition of Economics: Micro vs. Macro
    02:04
  • Percorso guidato
    Economic Systems
    01:42

Nominal GDP and Real GDP

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

Expenditure Approach for Measuring GDP

  • Percorso guidato
    Calculating GDP Using the Expenditure Approach
    02:31

Detailed Explanation of GDP Components

  • Percorso guidato
    Government Purchases and Net Exports
    02:12
  • Percorso guidato
    Consumption
    02:38
  • Percorso guidato
    Investment
    02:01