Lecture Topic Economic Development May 27, 2008 Professor Timothy C. Lim Cal State Los Angeles [email protected] [email protected] POLS/ECON 426.
© 2005 Thomson C hapter 20 Gross Domestic Product Accounting.
BRAINPOoL Workshop 24 March 2014: Jon Hall presentation
Chap13 Fundamental Economic Concepts
+ GDP. + Keeping track of the U.S. Economy: Economists monitor important macroeconomic data using National Income Accounting. A system that collects statistics.
Unit 3 - Macroeconomics. Standard - What is Macroeconomics? Macroeconomics is the study of large scale economies. Macro – examines entire economies.
Chapter 4: Measuring GDP and Economic Growth Objectives: 1.Define GDP and use circular flow model to explain how GDP can be measured from income or expenditure.
Gulf Coast Economics Association Conference Orlando, FL November 8 and 9, 2012 1 Linking Course Content to Core Learning Outcomes (CLOs): Efficient Design.
How old is Money? Thousands of years, but the first known coin was minted in Turkey around 600 BC (known as the Lydian Lion). What’s it worth? Only around.
Chapter 4: Measuring GDP and Economic Growth
Measures of Economic Activity
Macroeconomic Performance
