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Measuring a Nation’s Income: Gross Domestic Product (GDP) and Its Components

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Expenditure Approach for Measuring GDP

  • Guided course
    Calculating GDP Using the Expenditure Approach
    02:31

Nominal GDP and Real GDP

  • Guided course
    Nominal GDP and Real GDP
    09:15
  • Guided course
    Inflation and the GDP Deflator
    03:04

Calculating GDP Using the Income Approach

  • Guided course
    Comparison of U.S. GDP Calculation
    03:07
  • Guided course
    Calculating GDP Using the Income Approach
    07:44

Shortcomings of GDP

  • Guided course
    Shortcomings of GDP
    02:21

Business Cycles and Their Characteristics

  • Guided course
    Business Cycle Characteristics
    01:46
  • Guided course
    Causes of Business Cycles
    04:18
  • Guided course
    Key Ideas of the Business Cycle
    02:33