Chap9
MACRO ECONOMICS 1. Macroeconomics is the study of the large economy as a whole. It is the study of the big picture. Instead of analyzing one consumer,
Chapter 12 Gross Domestic Product and Growth How Can We Measure Economic Growth? Gross Domestic Product (GDP) – dollar value of all goods and services.
Macroeconomics 4e pearson chapter 8
Chapter 9: Production and Productivity. GDP: Gross Domestic Product Economists monitor the macroeconomy using national income accounting, a system that.
Measurement – class 2 National Accounting - GDP. Practical information Email : –[email protected] / @insee.fr Office hours: –Thursdays,16h30-19h –“Bureau.
© 2006 McGraw-Hill Ryerson Limited. All rights reserved.1 Chapter 6: National Income Accounting Prepared by: Kevin Richter, Douglas College Charlene Richter,
MEASURING AGGREGATE ECONOMIC ACTIVITY. 7-2 National Income Accounting Why measure? National income accounting – A way of measuring total, or aggregate.
CHAPTER 5 Measuring the Economy’s Output 1 Slides prepared by Bruno Fullone, George Brown College © 2010 McGraw-Hill Ryerson Limited PART 2: GDP, GROWTH.
Unit-2 Macro Review GDP, Unemployment, Inflation.
Chapter 10 ©2010 Worth Publishers Tracking the Macroeconomy Slides created by Dr. Amy Scott.
Unit-2 Macro Review
