Lecture 10 – academic year 2013/14 Introduction to Economics Fabio Landini Macroeconomic Aggregates: Exercises and Applications 1.
MEASURING A NATIONS INCOME 0 Micro vs. Macro Microeconomics: The study of how individual households and firms make decisions, interact with one another.
7- Part II Measuring a Nation’s Income You need to have a Calculator with you. You need to have a Calculator with you. ECON 2105 E-Mail: [email protected].
Measuring a Nation’s Income 0. In this Lecture, we look for the answers to these questions: What is Gross Domestic Product (GDP)? How is GDP related to.
Economic Performance: Key Q’s What is gross domestic product (GDP)? How is GDP calculated? (2 methods) What is the difference between nominal and real.
Hale & Tempest Trends in the Pharmaceutical Industry and the Potential Impact on Future Innovation and Access to Medicines Dr. Brian W Tempest .