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Measuring National Output and National Income: GDP, GNP, and Their Applications

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Expenditure Approach for Measuring GDP

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

Detailed Explanation of GDP Components

  • Guided course
    Government Purchases and Net Exports
    02:12
  • Guided course
    Consumption
    02:38
  • Guided course
    Investment
    02:01

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

Value Added Method for Measuring GDP

  • Guided course
    GDP and the Value-Added Approach
    02:21

Shortcomings of GDP

  • Guided course
    Shortcomings of GDP
    02:21

Other Measures of Total Production and Total Income

  • Guided course
    Other Measures of Total Production and Total Income
    05:10