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What is the gross domestic product (GDP)? | Made in Germany
 
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The gross domestic product is the ultimate yardstick of a country’s economy. An increase means companies are making profits and the economy is growing. But if there's negative economic growth for two consecutive quarters, however, it’s recession time. This is why all eyes and ears are on the business gurus and their forecasts for the GDP. More Made in Germany on: http://www.dw.de/program/made-in-germany/s-3066-9798
Views: 22108 DW English
How To Increase GDP?
 
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Group 6 - A71 DEC5028- Macroeconomics Resources use: www.powtoon.com -- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 1974 Yujie Tang
Macro Unit 2.1- GDP and Economic Growth
 
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In this short video I explain GDP, the components of GDP, and what is not included in the Gross Domestic Product. Thanks for watching, please subscribe If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji
Views: 366831 Jacob Clifford
What is Gross Domestic Product (GDP)?
 
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Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed? The cashier is computing a very important number: gross domestic product, or GDP. GDP is the market value of all finished goods and services, produced within a country in a year. But, what does "market value" mean? And what defines a "finished good"? These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour. In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way. Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?” Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute. So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1p4ZtxL Next video: http://bit.ly/1mY2bn0 Help us caption & translate this video! http://amara.org/v/HZv3/
Productivity and Growth: Crash Course Economics #6
 
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Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 814617 CrashCourse
WHAT IS GDP ?? IN HINDI EXPLAINED
 
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HELLO FREINDS..Is video me hum dekhenge ki GDP ( Gross Domestic Product ) qa hota h. aur kaise koi country apna gdp calculate krti h . asha hai aapko video pasand ayega. Mutual funds,Banking,Finance se related info k liye SUBSCRIBE kijiye. Facebook: https://www.facebook.com/MARKETMAESTROO -~-~~-~~~-~~-~- Please watch: "The Alpha and Beta of Mutual Funds | Risk Measure | Future Return | Calculation|" https://www.youtube.com/watch?v=Vf1OjdyXXUA -~-~~-~~~-~~-~-
Views: 199222 Market Maestroo
Video summary of gross domestic product for the March 2018 quarter
 
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Gross domestic product (GDP) rose 0.5 percent in the March 2018 quarter. This followed a 0.6 percent increase in the December 2017 quarter. Growth in service industries more than offset a fall in construction activity. https://www.stats.govt.nz/news/gdp-growth-eases-slightly
Views: 97 Stats NZ
Investment and consumption | GDP: Measuring national income | Macroeconomics | Khan Academy
 
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Difference between every day and economic notions of investment and consumption Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/income-and-expenditure-views-of-gdp?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/circular-econ-gdp-tutorial/v/more-on-final-and-intermediate-gdp-contributions?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 303185 Khan Academy
Real GDP and nominal GDP | GDP: Measuring national income | Macroeconomics | Khan Academy
 
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Using real GDP as a measure of actual productivity growth Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/real-nominal-gdp-tutorial/v/gdp-deflator?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/examples-of-accounting-for-gdp?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 492009 Khan Academy
Real GDP Per Capita and the Standard of Living
 
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They say what matters most in life are the things money can’t buy. So far, we’ve been paying attention to a figure that’s intimately linked to the things money can buy. That figure is GDP, both nominal, and real. But before you write off GDP as strictly a measure of wealth, here’s something to think about. Increases in real GDP per capita also correlate to improvements in those things money can’t buy. Health. Happiness. Education. What this means is, as real GDP per capita rises, a country also tends to get related benefits. As the figure increases, people’s longevity tends to march upward along with it. Citizens tend to be better educated. Over time, growth in real GDP per capita also correlates to an increase in income for the country’s poorest citizens. But before you think of GDP per capita as a panacea for measuring human progress, here’s a caveat. GDP per capita, while useful, is not a perfect measure. For example: GDP per capita is roughly the same in Nigeria, Pakistan, and Honduras. As such, you might think the three countries have about the same standard of living. But, a much larger portion of Nigeria's population lives on less than $2/day than the other two countries. This isn’t a question of income, but of income distribution—a matter GDP per capita can’t fully address. In a way, real GDP per capita is like a thermometer reading—it gives a quick look at temperature, but it doesn’t tell us everything. It’s far from the end-all, be-all of measuring our state of well-being. Still, it’s worth understanding how GDP per capita correlates to many of the other things we care about: our health, our happiness, and our education. So join us in this video, as we work to understand how GDP per capita helps us measure a country’s standard of living. As we said: it's not a perfect measure, but it is a useful one. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1WJcJ5w Next video: http://bit.ly/1S1CxuA Help us caption & translate this video! http://amara.org/v/H04s/
Nominal vs. Real GDP
 
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"Are you better off today than you were 4 years ago? What about 40 years ago?" These sorts of questions invite a different kind of query: what exactly do we mean, when we say “better off?” And more importantly, how do we know if we’re better off or not? To those questions, there’s one figure that can shed at least a partial light: real GDP. In the previous video, you learned about how to compute GDP. But what you learned to compute was a very particular kind: the nominal GDP, which isn’t adjusted for inflation, and doesn’t account for increases in the population. A lack of these controls produces a kind of mirage. For example, compare the US nominal GDP in 1950. It was roughly $320 billion. Pretty good, right? Now compare that with 2015’s nominal GDP: over $17 trillion. That’s 55 times bigger than in 1950! But wait. Prices have also increased since 1950. A loaf of bread, which used to cost a dime, now costs a couple dollars. Think back to how GDP is computed. Do you see how price increases impact GDP? When prices go up, nominal GDP might go up, even if there hasn’t been any real growth in the production of goods and services. Not to mention, the US population has also increased since 1950. As we said before: without proper controls in place, even if you know how to compute for nominal GDP, all you get is a mirage. So, how do you calculate real GDP? That’s what you’ll learn today. In this video, we’ll walk you through the factors that go into the computation of real GDP. We’ll show you how to distinguish between nominal GDP, which can balloon via rising prices, and real GDP—a figure built on the production of either more goods and services, or more valuable kinds of them. This way, you’ll learn to distinguish between inflation-driven GDP, and improvement-driven GDP. Oh, and we’ll also show you a handy little tool named FRED — the Federal Reserve Economic Data website. FRED will help you study how real GDP has changed over the years. It’ll show you what it looks like during healthy times, and during recessions. FRED will help you answer the question, “If prices hadn’t changed, how much would GDP truly have increased?” FRED will also show you how to account for population, by helping you compute a key figure: real GDP per capita. Once you learn all this, not only will you see past the the nominal GDP-mirage, but you’ll also get an idea of how to answer our central question: "Are we better off than we were all those years ago?" Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/24pzD7X Next video: http://bit.ly/1TGgR8r Help us caption & translate this video! http://amara.org/v/H0PX/
Real GDP and the GDP Deflator
 
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A nation's GDP measure's the value of its output of goods and services in a particular period of time. Gross Domestic Product is expressed in dollar terms, which means that if the price of goods and services rise, a country's nominal GDP figure will increase. The problem with this is that an increase in the nominal (numerical) value of a country's output can increase when price levels rise, even if the actual level of output remains the same. For this reason, it is important to adjust a nation's nominal GDP for any changes in the price level that occur between two periods of time. Once nominal GDP is adjusted for inflation or deflation, we arrive at real GDP, which is a much more accurate measurement of the actual level of output in a nation, adjusting for any changes in prices. This lesson will define nominal and real GDP and use a numerical example to illustrate why measuring nominal GDP produces a false impression of the actual level of output a nation is producing from one year to the next. We will then use a simple formula to determine the GDP deflator, the price index that allows us to adjust nominal GDP to arrive at real GDP. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 155952 Jason Welker
25 Mark Essay Technique - GDP and the Standard of Living
 
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In this revision video we look at an answer to this 25 mark essay question: "​To raise standards of living, countries should focus solely on increasing GDP per capita." To what extent do you agree?
Views: 3762 tutor2u
Macroeconomics: Crash Course Economics #5
 
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This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1141973 CrashCourse
GDP and how to increase growth rate
 
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-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 345 Nur Liana
DNA: Analysis on increase of India's GDP growth rate
 
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DNA: This is a special segment of Zee News which does analysis on increase of India's GDP growth rate. Watch this video for more information. About Channel: Zee News is a Hindi news channel with 24 hour coverage. Zee News covers breaking news, latest news, politics, entertainment and sports from India & World. ------------------------------------------------------------------------------------------------------------- Subscribe to our other network channels: Zee Business: https://goo.gl/fulFdi Dr. Subhash Chandra Show: https://goo.gl/fCugXC Daily News and Analysis: https://goo.gl/B8eVsD ------------------------------------------------------------------------------------------------------------- You can also visit us at: http://zeenews.india.com/ Like us on Facebook: https://www.facebook.com/ZeeNews Follow us on Twitter: https://twitter.com/ZeeNews Follow us on G+: https://plus.google.com/+Zeenews
Views: 82682 Zee News
03 UNDERSTANDING GROSS DOMESTIC PRODUCT
 
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Check out the entire free forex course (in process): http://www.informedtrades.com/f7/ The Free Forex Academy is a partner of InformedTrades.com, a community of traders dedicated to learning. At the Free Forex Academy, we are in the beginning stages of creating an entire comprehensive series of courses on forex trading. This is the 3rd vid in the fundamentals section- a section that applies, not just to forex, but to all markets, or those simply interested in economics. Practice forex trading with a free virtual trading account. Simulates forex trading with real time charts and live price feeds. http://bit.ly/IT-forex-demo3 VIDEO Text: The Gross Domestic Product. The Gross Domestic Product, or GDP, is the total market value of all goods and services produced in a country within a year, including production of any foreign-owned companies operating inside that country. So, what they do is they take all the goods, all the services, and everything the country produces in a year, add up the value of all that and come up with one big number and that is the GDP. Here in the United States, the GDP is recorded by the United States Department of Commerce, and its reported every three months. Looking at a pie chart, you can see the GDP broken down. It consists of about one-third of housing, about 20% of transportation, 13% is food, about 11% is insurance premiums and pensions, about 9% is pensions and social security, 6%s health care, and the rest is entertainment, apparel and services, cash contributions, education, alcohol and smoking supplies, personal care products, reading, and other miscellaneous items. Here in the United States we have the largest GDP in the world by far. In fact, we are about three times as big as Japan and four to five times as big as Germany, the third largest. When there is an increase in the GDP, it means that people are spending more. This means companies must produce more, causing an increase in the workforce and a decrease in unemployment. When the GDP decreases, people are spending less. This means companies must produce less, causing a decrease in the workforce and an increase in unemployment. In fact, the definition of a recession is two back-to-back quarters of declining or contracting Gross Domestic Product. GDP figures can be used to determine the health of the economy. When adjusted for inflation, the annual growth of the GDP can be used to indicate whether the economy is growing too slow, too fast, or at the correct level. The GDP rate of growth is one of the factors used to determine what type of economic policies are needed, including changes in interest rates and government spending. If the GDP is growing too slow or contracting, economists worrying about unemployment will recommend policies that will help increase growth, such as cutting interest rates or increasing spending. If the GDP is growing too fast, economists worrying about inflation will recommend policies that will reduce growth, such as raising interest rates or reducing spending. In addition, the GDP growth rate is often used to make comparisons between countries that have similar economies. For the most part, the GDP includes three components to total spending: consumer spending, investment spending, and government spending. Consumer spending, also called consumption, is the largest of the three components, accounting for roughly two-thirds of the Gross Domestic Product. The most important gauge for consumer spending is income levels. If the GDP is rising, companies will produce more, meaning they will hire more, increasing total income, which will lead to more spending. If the GDP is declining, companies will produce less, causing them to reduce the number of employees they have, reducing total income, which will lead to less spending. After consumer spending, probably the next important part of GDP is investment spending. In this case, investment spending doesnt refer to things like stocks and stuff like that. It refers to companies spending money to grow and expand by adding things like new equipment, new factories, new buildings. When a company expands by adding new buildings or equipment, it adds to the production capability. One interesting thing to point out is that, if you look at the graph, that residential investments, by people inside the U.S., is not as large as non-residential investments. In fact, if you look at the graph its about a 2-to-1 ratio. The third component of the GDP is government spending. Approximately 20% of the U.S. Gross Domestic Product is government spending. Thats a huge number. Since such a large percentage of GDP is government spending, government can increase or decrease the GDP by changing the amount of money it spends.... Music by: Danse Macabre - Low Strings Finale (Theme) Heavy Interlude Dreamy Flashback Monoko Feral Chase Exciting Trailer Kevin MacLeod @ incompetech.com
Views: 35817 InformedTrades
Real GDP driving price | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy
 
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Thinking about how high utilization could drive price as another justification for an upward sloping short-run aggregate supply curve Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/aggregate-supply-demand-topic/historic-ad-as-scenarios/v/cost-push-inflation?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/aggregate-supply-demand-topic/historic-ad-as-scenarios/v/demand-pull-inflation-under-johnson?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 65419 Khan Academy
WHAT IS GDP? AND HOW TO INCREASE THE GDP OF A COUNTRY?
 
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B176 - GROUP10 MACROECONOMICS ASSIGNMENT
Views: 426 Lily Ong
Splitting GDP
 
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In the last three videos, you learned the basics of GDP: how to compute it, and how to account for inflation and population increases. You also learned how real GDP per capita is useful as a quick measure for standard of living. This time round, we’ll get into specifics on how GDP is analyzed and used to study a country’s economy. You’ll learn two approaches for analysis: national spending and factor income. You’ll see GDP from both sides of the ledger: the spending and the receiving side. With the national spending approach, you’ll see how gross domestic product is split into three categories: consumption goods bought by the public, investment goods bought by the public, and government purchases. You’ll also learn how to avoid double counting in GDP calculation, by understanding how government purchases differ from government spending, in terms of GDP. After that, you’ll learn the other approach for GDP splitting: factor income. Here, you’ll view GDP as the total sum of employee compensation, rents, interest, and profit. You’ll understand how GDP looks from the other side—from the receiving end of the ledger, instead of the spending end. Finally, you’ll pay a visit to FRED (the Federal Reserve Economic Data website) again. FRED will help you understand how GDP and GDI (the name for GDP when you use the factor income approach) are used by economists in times of economic downturn. So, buckle in again. It’s time to hit the last stop on our GDP journey. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1Um4CgC Next video: http://bit.ly/1oBihUL Help us caption & translate this video! http://amara.org/v/H0mT/
How GDP is calcualted in India | National Income | Gross Domestic Product Calculation
 
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Support us : https://www.instamojo.com/@exambin/ Download our app : http://examb.in/app GDP or National income measures the monetary value of the flow of output of goods and services produced in an economy over a period of time. While uncoding the definition we can easily figure out what is GDP. Measuring the level and rate of growth of national income (Y) is important for keeping track of: • The rate of economic growth • Changes to living standards • Changes to the distribution of income between groups within the population Gross Domestic Product • Gross domestic product (GDP) is the total value of output produced in a given time period • GDP includes the output of foreign owned businesses that are located in a nation following foreign direct investment. For example, the output produced at the Nissan car plant in Chennai contributes to the India’s GDP how gdp is calculated in india,how gdp is calculated There are three ways of calculating GDP - all of which in theory should sum to the same amount: National Output = National Expenditure (Aggregate Demand) = National Income (i) The Expenditure Method - Aggregate Demand (AD) The full equation for GDP using this approach is GDP = C + I + G + (X-M) where • C= Consumer spending • I = Investment (Gross fixed Capital Formation) • G= Government Spending • X= Exports • M= Imports ii. The Income Method – adding together factor incomes GDP is the sum of the incomes earned through the production of goods and services. This is: how gdp is calculated in india with example,gdp of india Income from people in jobs and in self-employment (e.g. wages and salaries) • + • Profits of private sector businesses • + • Rent income from the ownership of land • = • Gross Domestic product (by sum of factor incomes) Every year, billions of pounds worth of activity is not declared to the tax authorities. This is known as the shadow economy. And the money involved is commonly known as Black Money. Published figures for GDP by factor incomes will be inaccurate because much activity is not officially recorded. iii. GDP by Output (Value Added) Gross Value Added and Contributions to a nation’s GDP • There are three main wealth-generating sectors in an economy – manufacturing and construction, primary (including oil& gas, farming, forestry & fishing) and a wide range of service-sector industries. • This measure of GDP adds together the value of output produced by each of the productive sectors in the economy using the concept of value added. . gdp full form, gnp and gdp Value added is the increase in the value of goods or services as a result of the production process Value added = value of production - value of intermediate goods Say you buy an Onion Dosa from a restaurant for Rs.60/-. This is the retail price and will count as consumption. The Dosa has many ingredients at stages of the supply chain – Rice Growing farmers, Batter Makers, Onion Producers, Various Masala Ingredient Makers and also the value created by the restaurant as they put the Dosa together and deliver to the consumer. Manufacturing & Industrial Manufacturing is one of the production industries, which also include mining, electricity, water & waste management and oil & gas extraction. In 2016, the Indian manufacturing and Industrial sector accounted for 29% of total Indian GDP. national income,how gdp affects the economy,how gdp growth rate is calculated Manufacturing in the World Economy • The creative force behind 10bn unique products • It accounts for 15-20 per cent of world economy • It employs roughly about 5 pc of world population) The main service sector industries in India are: gdp how to calculate,how gdp is calculated in india, • The majority of Indian GDP comes from service industries such as banking and finance, software, tourism, retailing, education and health. In 2016, the service sector accounted for 54% of economic output, the Industry and manufacturing sector for 29% and the Agriculture sector for 17%. Agricultural and Allied Sector : gdp explained in telugu,gdp explained in tamil,gdp in simple language,gdp in simple words,gross domestic product,gross domestic product explained,Gross Domestic Product Calculation Agriculture sector includes Agriculture (Agriculture proper & Livestock), Forestry & Logging, Fishing and related activities AND its accounted for 17% of INDIA GDP 2016   Per Capita Gross National Income How much does each person earn on average? We use per capita measures to give us a guide to this. Income per capita is a way of measuring the standard of living for the inhabitants of a country. Gross National Income per capita = Gross National Income / Total Population
Views: 3938 Exambin
What is GDP ? - Basic Concept (Urdu)
 
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GDP is a very handy method of identifying a country's growth and economic condition. This term is widely used on TV, Social media, radio, NEWS papers and especially used by our politicians. However, a huge number of people still do not understand GDP. In this video I have tried to explain this concept in a basic and simplified manner. Link for Appendix video: https://youtu.be/gboZFvM2HYI I have taken references from the following sources: -https://en.wikipedia.org/wiki/Gross_domestic_product -https://en.wikipedia.org/wiki/Simon_Kuznets -https://www.thesolutionsjournal.com/article/a-short-history-of-gdp-moving-towards-better-measures-of-human-well-being/ -https://www.youtube.com/watch?v=rGqhTQyY6g4 Background Music: Cool Ride by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://audionautix.com/
Views: 43229 Random Guy
List of countries by share of world GDP (1980-2021)
 
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List of top 10 countries by GDP PPP from 1982 to 2021. Only those countries are ranked which exist today. Some of the countries which dont exist today like USSR has not been ranked.We can see how china which was not even in top 10 in early 1980 grown remarkably and became the biggest economy in the world in 2014. India is also now reducing the gap with USA and is now have the healthy lead of 4th which is only expected to increase.
Views: 80330 Just Data
India vs China Economy Growth Comparison from 1960-GDP-Must See 2018/2017
 
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China India Economy Comparison 2018-India China Economy GDP & Exports Growth Race from 1960-Must See 2018/2017 Their growth in economy and exports have varied largely post 1980 and china had made a huge growth many times higher than India and rest of the world. India and china are 2 prominent economies in the world not only from today but from long history and have been important countries managing large share of global economy. Based on data from World Bank , International Monetary Fund
Views: 145668 TUINT
Week 1 Macroeconomics and Gross Domestic Product (GDP) FULL
 
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Principles of macroeconomics; The General Theory of Employment, Interest and Money; John Maynard Keynes; Economic and macroeconomic study of individual decision making; scarce resources; market economy; market mechanism; market equilibrium; magic of markets; long run growth; fundamental theorem of welfare economics; optimal allocation of resources; no free lunch; Pareto optimality; John Maynard Keynes; The General Theory of Employment, Interest and Money; indicators and performance; gross domestic product (GDP) for United States (USA); recessions are an interruption of the increase of GDP; rate of inflation; unemployment; Political economy or economics is a study of mankind in the ordinary business of life; Alfred Marshall; hypothesising; hypothesizing; long run economic growth; macroeconomic themes; United States (USA) Federal Reserve (the Fed); monetary policy; interest rate targeting; GDP and inflation; cutting interest rates to encourage spending by firms and individuals; low interest rates; quantitative easing (QE); liquidity is pumped into the economy by the Federal Reserve buying assets in the private sector; encouraging aggregate spending in the economy; fiscal policy; government spending and tax; budget deficit or budget surplus; fiscal policy multiplier; government debt; raising living standards; sustainable public debt; sustainable private debt; per capita GDP; managing the business cycle; Ben Bernanke; Global Financial Crisis; monetary policy; central banks; inflation; household saving; Principles of macroeconomics; gross domestic product (GDP); United States (USA) imports and exports; flow of economic activity; stock; measure of economic activity; production; expenditure; income; Economic activity; production; intermediate good; final good; factors of production; labour; labor; capital; physical tangible assets that firms use; value added resources; consumption by households, government and foreigners; households consume durable goods; investment expenditure for future consumption; budget surplus; budget deficit;
Views: 16326 Melb Univ
10: Gross Domestic Product Report (GDP) (Part 1)
 
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10: Gross Domestic Product Report (Part 1) - ECONOMIC REPORTS FOR ALL MARKETS This is the 10th video in a series on economic reports created for all markets, or for those who simply have an interest in economics. In this lesson we cover the Gross Domestic Product Report. Check out the entire free forex course (in process): http://www.informedtrades.com/f7/ The Free Forex Academy is a partner of InformedTrades.com, a community of traders dedicated to learning. At the Free Forex Academy, we are in the beginning stages of creating an entire comprehensive series of courses on forex trading. This section is on economic reports, and the information in it applies to all markets. Learn Forex for free! Take the entirely free course at the link above or on youtube. Practice live forex trading with real time charts and live price feeds for free while you learn. Get a totally free virtual trading account here- http://clk.atdmt.com/FXM/go/166058821/direct/01/ Link to the GDP Report: http://www.bea.gov/national/index.htm#gdp Text from video: The GDP report measures the output of goods and services produced by labor and property located in the United States. In other words, it measures the total economic production of the economy. If you have not already done so, I invite you to stop this video and watch my overview video on the GDP in the basic economics section. The GDP report is released quarterly by the Bureau of Economic Analysis. I'll post a link for the report in the text next to the video. The GDP report is the largest, most comprehensive report on the economy. While other reports focus in on individual sections, the GDP report looks at the entire economy. Economists use the GDP report to gauge growth in the economy. GDP expands when production increases. The increase in production creates jobs. The increase in jobs increases income. Some of this additional income will be spent increasing corporate income and profit. Some of this additional income will be deposited into banks which is then loaned out. This in turn causes more increases in production. However, increases in production can also lead to inflation and higher interest rates. GDP contracts when production decreases. When companies produce less, they need less employees. Higher unemployment means people earn less and spend less, causing corporate income and profits to drop. The Government, the Fed and the Treasury use fiscal policy and monetary policy to try and maintain a rate of slow expansion of the GDP which benefits the country in many ways including creating jobs. However, they have to keep the GDP from expanding too slow, or contracting, because it increases unemployment, and they have to keep the GDP from expanding too quickly because it causes inflation. Also, because the labor force in the US is growing, the GDP must expand at a rate of about 3% per year or more, or the unemployment level will increase. The GDP is reported in both current dollars and chained dollars. When the GDP total increases, it is important to know whether the increase came from increased production, or from inflation. GDP increases from more goods being produced is usually a good sign for an economy as more goods being produced increases supply and lowers prices. However, GDP increases due to inflation is considered a bad sign for the economy because price increases lower demand. The GDP statistics are reported two ways. The first is Current Dollars, also known as Nominal Dollars. The numbers in these sections include increases due to inflation. The second is Chained Dollars, also know as Real Dollars. In these sections, the inflation has been removed from the total by using something called a deflator, which is basically a correction factor applied to remove price increases. Real, or Chained Dollars are the statistics most economists look at as this shows the real change in production levels in the country. The statistics reported in the media use Real Dollars as well. An important point to mention is that most of the statistics are reported as an annualized number. In other words, the statistics show what the change would be for the whole year if the same amount of change remained consistent all year long. Looking at the report, there is a main table, Table 1, and several follow up tables. At the beginning of the report is a summary, and revisions for previous reports The data in table 1 is presented as a percent change from year to year and a precent change from quarter to quarter. Table 1 shows the GDP for the entire country. Table 1 is then broken down into 4 main categories- Personal Consumption Expenditures, Gross Private Domestic Investment, Net Exports of Goods and Services, and Government Consumption Expenditures and Gross Investment. Music: GDP Report Part 1 Danse Macabre - Low Strings Finale (Theme) Griphop Plans In Motion Machinations Home Base Groove Kevin MacLeod incompetech.com
Views: 4622 InformedTrades
What Is The GDP And What Does Its 4.1 Percent Growth Mean? | Velshi & Ruhle | MSNBC
 
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Watch Ali Velshi explain what the GDP is and why President Trump is so excited about it. Kevin Hassett, the Chairman of the Council of Economic Advisers and Jared Bernstein, former chief economist to Vice President Joe Biden join the conversation to discuss trade, wages, interest rates and the growth of the GDP. » Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbc About: MSNBC is the premier destination for in-depth analysis of daily headlines, insightful political commentary and informed perspectives. Reaching more than 95 million households worldwide, MSNBC offers a full schedule of live news coverage, political opinions and award-winning documentary programming -- 24 hours a day, 7 days a week. Connect with MSNBC Online Visit msnbc.com: http://on.msnbc.com/Readmsnbc Subscribe to MSNBC Newsletter: MSNBC.com/NewslettersYouTube Find MSNBC on Facebook: http://on.msnbc.com/Likemsnbc Follow MSNBC on Twitter: http://on.msnbc.com/Followmsnbc Follow MSNBC on Instagram: http://on.msnbc.com/Instamsnbc What Is The GDP And What Does Its 4.1 Percent Growth Mean? | Velshi & Ruhle | MSNBC
Views: 113497 MSNBC
Top 10 Country GDP Per Capita Ranking History (1962-2017)
 
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The Dynamic Graph (Data Visualization) Shows the Top 10 Countries with the Highest GDP Per Capita from 1962 to 2017. Most countries are from developed regions in Europe, North America, and Asia. As of 2017, Luxembourg has been regarded as the richest country in terms of GDP Per Capita. Learn more about GDP: https://amzn.to/2RvE4Mi Learn more about Luxembourg: https://amzn.to/2JU04hp Learn more about San Marino: https://amzn.to/2OAzIlh Per Capita GDP is a measure of the total output of a country that takes the gross domestic product (GDP) and divides it by the number of people in that country. The Per Capita GDP is especially useful when comparing one country to another, because it shows the relative performance of the countries. A rise in Per Capita GDP signals growth in the economy and tends to reflect an increase in productivity. Facebook: https://www.facebook.com/WawamuStats Twitter: https://twitter.com/StatsWawamu Music: Melody Of My Dreams by Whitesand https://www.youtube.com/watch?v=Si89RLFreaw #gdppercapita #gdpranking #worldgdp Subscribe here: https://www.youtube.com/c/WawamuStats?sub_confirmation=1
Views: 32770 WawamuStats
[Hindi] Difference between GDP, NDP, GNP, and NNP
 
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To watch all lessons click here:- https://goo.gl/hSv8yn | Download the Unacademy Learning App from the Google Play Store here:- https://goo.gl/02OhYI | Discuss the course with fellow aspirants here:- https://goo.gl/WJrQpI This course only covers those topics which have a very high cost to benefit ratio i.e. probability of a question appearing in the exam from this particular section is astronomically high. Do watch all these lessons and gain a cutting edge over your competitors. This will help you to score more marks. It's a must go course before go for the prelims examination. For more lessons on UPSC CSE Preparation, please visit:- https://unacademy.in/upsc-preparation/all/
Views: 265638 Unacademy
U.S. GDP Increases 3.1% Under President Trump - Story
 
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U.S. GDP Increases 3.1% Under President Trump - Story. ==============================­=========­=­=== **Please Click Below to SUBSCRIBE for More "Mass Tea Party" Videos: http://goo.gl/Z5ShLs ==============================­=========­=­===
Gross Domestic Product – Economic Lowdown, Ep. 7
 
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GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living. Instructors, learn more at https://www.stlouisfed.org/education/economic-lowdown-video-series/episode-7-gross-domestic-product
What is GDP ? | How to calculate GDP ?? Hindi Explained.
 
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What is GDP ? | How to calculete GDP ?? Hindi Explained. Hello Friends.... This video is for Basics of GDP, Easy to understand hope you like. Please share this knowlage with your friends. ** Got Copyright on my #Vlog7 !! Link :- https://www.youtube.com/watch?v=wh4QaWd0ZDM Copyright Vlog Link : https://www.youtube.com/watch?v=hUoHC... Gears I Used for this Videos & Other Best buy Links. 1. Tripod :http://amzn.to/2nHXJ03 2. Mini Tripod : http://amzn.to/2nHWXjs 3. Mobile Camera : http://amzn.to/2mMw12R, http://amzn.to/2nI2ir9 4. Best Buy Links For Camera : http://amzn.to/2mMBW89 5. 32 GB Memory Card : http://amzn.to/2neLWmR 6. My Selfie Stick : http://amzn.to/2nI61VF #vlog 3 | New Logo Risinginfo | Google Adsence Link : Benefits of Cashless Economy : https://www.youtube.com/watch?v=IGlaX... 1st Vlog Celebration of Ganesh Chaturthi #RisingInfo https://www.youtube.com/watch?v=CrzcU... Thank you for watching. Share my videos with your friends, to get update please subscribe now, ▷ CONNECT with us!! : Web Site ♥ Subscribe : http://www.youtube.com/c/RisingInfo ♥ Facebook : https://goo.gl/1p38so ♥ Twitter : https://twitter.com/RisingInfoKittu ♥ Instagram : https://www.instagram.com/risinginfo/ ♥ Google + : https://plus.google.com/u/0/+RisingInfo ♥ BUSINESS INQUIRY ♥ [email protected] DISCLAIMER: The information provided on this channel and its videos is for general purposes only and should NOT be considered as professional advice. We always try our best to provide accurate information and sound advice but please note that we are not a licensed professional or a medical practitioner so always make sure you consult a professional in case of need. All products/services reviewed on this channel have been purchased by me unless stated otherwise. We always try to keep our channel and its content updated but we cannot guarantee it. All opinions expressed here are our own and we are not compensated by any brand, advertiser, PR representative or affiliate for the same unless explicitly stated in our videos and/or description box. We never try to push products on anyone but we do make recommendations based on our personal experience. In case you need to use our content for any purpose please write to us -: [email protected]
Views: 93267 RisingInfo
Trump predicts 4.8% GDP growth in second quarter: Charlie Gasparino
 
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FBN’s Charlie Gasparino discusses President Trump’s prediction that GDP growth will reach 4.8% in the second quarter.
Views: 6242 Fox Business
03 UNDERSTANDING ECONOMICS: GROSS DOMESTIC PRODUCT
 
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Check out the entire free forex course (in process): http://www.FreeForexAcademy.com The Free Forex Academy is a partner of InformedTrades.com, a community of traders dedicated to learning. At the Free Forex Academy, we are in the beginning stages of creating an entire comprehensive series of courses on forex trading. This is the 3rd vid in the fundamentals section- a section that applies, not just to forex, but to all markets, or those simply interested in economics. Practice forex trading with a free virtual trading account. Simulates forex trading with real time charts and live price feeds. http://clk.atdmt.com/FXM/go/166058821/direct/01/ VIDEO Text: The Gross Domestic Product. The Gross Domestic Product, or GDP, is the total market value of all goods and services produced in a country within a year, including production of any foreign-owned companies operating inside that country. So, what they do is they take all the goods, all the services, and everything the country produces in a year, add up the value of all that and come up with one big number and that is the GDP. Here in the United States, the GDP is recorded by the United States Department of Commerce, and its reported every three months. Looking at a pie chart, you can see the GDP broken down. It consists of about one-third of housing, about 20% of transportation, 13% is food, about 11% is insurance premiums and pensions, about 9% is pensions and social security, 6%s health care, and the rest is entertainment, apparel and services, cash contributions, education, alcohol and smoking supplies, personal care products, reading, and other miscellaneous items. Here in the United States we have the largest GDP in the world by far. In fact, we are about three times as big as Japan and four to five times as big as Germany, the third largest. When there is an increase in the GDP, it means that people are spending more. This means companies must produce more, causing an increase in the workforce and a decrease in unemployment. When the GDP decreases, people are spending less. This means companies must produce less, causing a decrease in the workforce and an increase in unemployment. In fact, the definition of a recession is two back-to-back quarters of declining or contracting Gross Domestic Product. GDP figures can be used to determine the health of the economy. When adjusted for inflation, the annual growth of the GDP can be used to indicate whether the economy is growing too slow, too fast, or at the correct level. The GDP rate of growth is one of the factors used to determine what type of economic policies are needed, including changes in interest rates and government spending. If the GDP is growing too slow or contracting, economists worrying about unemployment will recommend policies that will help increase growth, such as cutting interest rates or increasing spending. If the GDP is growing too fast, economists worrying about inflation will recommend policies that will reduce growth, such as raising interest rates or reducing spending. In addition, the GDP growth rate is often used to make comparisons between countries that have similar economies. For the most part, the GDP includes three components to total spending: consumer spending, investment spending, and government spending. Consumer spending, also called consumption, is the largest of the three components, accounting for roughly two-thirds of the Gross Domestic Product. The most important gauge for consumer spending is income levels. If the GDP is rising, companies will produce more, meaning they will hire more, increasing total income, which will lead to more spending. If the GDP is declining, companies will produce less, causing them to reduce the number of employees they have, reducing total income, which will lead to less spending. After consumer spending, probably the next important part of GDP is investment spending. In this case, investment spending doesnt refer to things like stocks and stuff like that. It refers to companies spending money to grow and expand by adding things like new equipment, new factories, new buildings. When a company expands by adding new buildings or equipment, it adds to the production capability. One interesting thing to point out is that, if you look at the graph, that residential investments, by people inside the U.S., is not as large as non-residential investments. In fact, if you look at the graph its about a 2-to-1 ratio. The third component of the GDP is government spending. Approximately 20% of the U.S. Gross Domestic Product is government spending. Thats a huge number. Since such a large percentage of GDP is government spending, government can increase or decrease the GDP by changing the amount of money it spends.... Music by: Danse Macabre - Low Strings Finale (Theme) Heavy Interlude Dreamy Flashback Monoko Feral Chase Exciting Trailer Kevin MacLeod @ incompetech.com
Views: 2851 FreeForexAcademy
What is GDP, GNP, NDP, NNP and Per Capita Income ?
 
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This Video Explains the Concepts of Gross Domestic Product, Gross National Product, Net Domestic Product, Net National Product and Per Capita Income. To Prepare for Central and State Civil Services Exam, Download the PrepMate Android App https://play.google.com/store/apps/details?id=in.prepmate.mobile https://prepmate.in/ Want to know How PrepMate-Cengage Book Series Performed In Prelims 2018? - Out of 100 questions, 65 questions were covered completely - 43 questions' statements were ditto as written in the books - 11 Questions were covered partially To see the full details, click on the link given below: https://prepmate.in/app/uploads/2018/06/2018-Prelims-Detailed-Solutions-along-with-Source-Analysis-.pdf To Order Prepmate Cengage Book Series, Visit The Link Given Below:- https://prepmate.in/books/
Views: 46071 PrepMate Edutech
GDP Increases in First Quarter
 
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Real gross domestic product (GDP) increased 1.1 percent in the first quarter of 2016, according to the “third” estimate released by the Bureau of Economic Analysis.
Views: 598 BEAWebmaster
GDP 4.1%, Trump delivers 'tremendous' speech on MASSIVE US economy boost since election
 
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“Real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018,” the U.S. Department of Commerce reported. Experts in the mainstream media claimed such growth would most likely be impossible. But now the GDP is at its best pace since 2014, boosting hopes that the economy is ready to break out of its decade-long slumber. "We're on track to hit the highest annual growth rate in over 13 years," President Donald Trump said in remarks an hour after the report hit. "And I will say this right now and I will say it strongly, as the deals come in one by one, we're going to go a lot higher than these numbers, and these are great numbers." Trump and European Union officials stepped back from a trade war as they struck a deal to work towards “zero” tariffs, barriers and subsidies. The EU also agreed to buy billions of dollars worth of American exports, including soybeans and natural gas, and work to reform international trade rules. “So we had a big day, very big,” the US president said in the White House Rose Garden. For more details check out: https://hygo.com/news/gdp-trump-tremendous/ For comments check out: https://facebook.com/HygoNewsUSA/videos/717133005306537/
Views: 45143 HYGO News
Jim Jordan & President Trump REACTS To GDP 4.1% Increase
 
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Jim Jordan & President Trump REACTS To GDP 4.1% Increase If you have any complaint against our channel please send us a mail with the email provided below and we will be happy to COMPLY, Compliance will be rewarded. FAIR USE NOTICE: The use of media materials featured on this channel is protected by the Fair Use Clause of the U.S. Copyright Act of 1976, which allows for the rebroadcast of copyrighted materials for the purposes of commentary, criticism, and education. If any copyright owner believes that a specific upload does not meet the criteria for fair use, please contact us via direct message to request removal. [email protected]
Views: 1004 Voice Liberty
GDP Per Capita Growth, 5 Yrs (%) - Pakistan Compared To Continent
 
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GDP Per Capita Growth, 5 Yrs (%) - Pakistan Compared To Continent Subscribe channel for getting more and valuable videos
Views: 21609 SMMARU
Future Top 10 Country Projected GDP Ranking (2018-2100)
 
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The Dynamic Graph (Data Visualization) Shows the Top 10 Countries with Most GDP from 2018 to 2100. The Projected GDP Ranking includes countries such as United States, China, India, Japan, France, etc. It also shows how Asia will dominate the economy while Europe starts to fall slowly. Learn more about GDP: https://amzn.to/2RvE4Mi Learn more about the rise of economy in India and China: https://amzn.to/2F6x2fH Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually or quarterly. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Facebook: https://www.facebook.com/WawamuStats Twitter: https://twitter.com/StatsWawamu #chinagdp #gdpranking #top10gdpcountry Historical Top 10 Country GDP Ranking (Part 1): https://youtu.be/wykaDgXoajc Data Taken from: https://pardee.du.edu/ Subscribe here: https://www.youtube.com/channel/UCy0dKy89rZFR8OCbAT69wcQ?sub_confirmation=1
Views: 176848 WawamuStats
GDP, Unemployment, Inflation- EconMovies #6: Back to the Future
 
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EconMovies explain economic concepts through movies. In this episode, I use the Back to the Future Trilogy to introduce the concepts of GDP growth, Nominal GDP, Real GDP, unemployment, and inflation. Good luck studying economics. This is heavy Doc!
Views: 242768 Jacob Clifford
How to Increase GDP of INDIA
 
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Mastermind Training & Consultancy Pvt Limited is a service based organisation which provides phenomenal training programs for entrepreneurs to develop. Mastermind's Bharat Sone Ki Chidiya is one of such critically acclaimed & hugely successful event. Please share your feedback for the same !
Views: 455 Mihir Upadhyay
Nominal versus Real GDP
 
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This video outlines the difference between Nominal GDP (Gross Domestic Product) and Real GDP and explains how to calculate the levels and growth rates for each. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter: http://www.twitter.com/jodiecongirl Tumblr: http://economistsdoitwithmodels.tumblr.com
Views: 164813 jodiecongirl
Calculating GDP Growth Rates
 
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A whiteboard video showing how to calculate GDP Growth Rates, GDP in "N" number of years, and the Rule of 70.
Views: 27242 SPCEcon
Gross Domestic Product
 
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This video is used to supplement the lesson on GDP https://www.teacherspayteachers.com/S...
Views: 2321 Darren Landinguin
Kenya's borrowing increases by 19.5% to hit 54% of GDP
 
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Kenya's debt has risen to 4.57 trillion shillings, for the half year ending December 2017 - a 19.5% increase from 2016's 3.827 trillion shillings. This brings the debt to 51.95% of Gross Domestic Product.
Views: 336 NTV Kenya
How Does A Inventory Investment Affect The Net Change In GDP?
 
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For example, if consumption is declining, inventory investment will increase as businesses accumulate unsold goods. This is generally a bad thing for the economy. In terms of its relationship with GDP, inventory investment is part of total investment. So if GDP = C+I+G+NX, it would fall within the I. Will the inventory of intermediate goods (produced last year) jan 8, 2012 this is first post in a series that i will label 'econ 101'. For example, if consumption is declining, inventory investment will increase as businesses accumulate unsold gross domestic product (gdp) can be measured by taking into account all final includes value of depreciation whereas net obtained it the change in inventories (stock) goods awaiting sale recall gdp (y), expenditure approach to repeat planned does not include 'unintended accumulation'. Multiplier effect and investment, net taxes, government purchases, imports exports) do not need to balance. The economic impact of an undesired accumulation or increase in jul 6, 2010 as we all know, gross domestic product (gdp) is the single most important consumer spending c, investments i, governmet g, and net exports nx. Inventory investment is the change in inventories such as goods awaiting sum of fixed and inventory. Jan 15, 1999 to correct for this, net investment can be used, which subtracts out sector, inventories are a critical component of changes in gdp over the business cycle. Or investment), inventories are a stock, and it is the change in stock of net exports, where investment will equal fixed impact increased inequality on social security trust fund, what gross domestic product (gdp) measures output nation's economy. Different forces may affect the inventory levels of different types businesses 1, 2003 consumptiongovernment spending; Net exports change in business inventories is also included as investment. We can illustrate the effect of production to inventory on gdp with a simple example is fancy term for manufactured goods ready sale. An initial increase in aggregate expenditures (c, i, g, net ex) causes a ripple effect that leads sep 22, 2012 part three of our series exploring gdp we will examine gross private domestic investment which includes change inventories the firm given period. While inventory levels alone internet connection problem. Consumption, business investment, government spending and net exports. Note that an increase in inventory will the gdp but possibly result a lower future as excess is feb 11, 2014 recently, investment inventories, measured by statistic called which, along with net exports, registered their largest contribution to growth volatile and can account for large fractions of changes real. Net private investment is gross minus depreciation. Changes in inventory does affect gdp by affecting investments investment is a component of gross domestic product (gdp). Macroeconomics private and public choice google books result. Us gdp how three types of investments impact economic growth
Views: 242 Shanell Kahl Tipz
Growth Part 3 - GDP (Gross Domestic Product) vs GPI (Genuine Progress Indicator)
 
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Discussion: Robert Costanza, the new head of Portland State University's Institute for Sustainable Solutions and Josh Farley, professor of Ecological Economics at the Gund Institute from the University of Vermont are guests. Topics include a discussion of the idea that most indicators of growth is pinned to Gross Domestic Product. What GDP was designed to do and why it's not being used properly as a measure of economic well being. This metric is compared to the Genuine Progress Indicator (GPI) as the new measure of our well being as a nation. It adds things such as the value of volunteer work and household labor and accounts for the distribution of income. By this measure we have not made any real progress since 1975 because costs have outweighed the benefits of the additional growth. Josh says that we are pursuing the wrong goal, increasing the rate of consumption doubling it every generation. Overemphasis on growth leads to more stresses on society. The equation between increasing consumption and increasing happiness is something we've been sold by advertising. In reality that relationship doesn't hold. Other measurements such as Gross National Happiness are discussed. Poverty and distribution of wealth and the notion that we can grow our way out of poverty as a fallacy are noted. Creating rewarding meaningful jobs should be a top priority.
Views: 1667 sustainabletoday
How Does Government Spending Affect Gross Domestic Product?
 
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Gross domestic product cnbc explains. Some argue that cutting taxes means more consumption and investment, while others believe 6 apr 2018 gross domestic product is the best way to measure a country's economy. Gdp is the total value of everything produced by all people and companies in country. It is the sum of four components personal consumption, private sector investments, government expenditures and net exports (exports minus imports). Does government spending affect economic growth? . How does government spending affect the economy blog. In turn, this 30 jan 2013 the downward trend in government spending can be illustrated by taking a look at current expenditures, relative to potential gross domestic product. If they are located within the country's boundaries, government counts 3 nov 2011 how does it affect markets and average citizen? Cnbc explains. The gdp and its importance countries with the highest government spending to ratio. Income does not necessarily reflect development status (world bank, 2010). It discusses the theoretical arguments, reviews international evidence, highlights latest academic research, cites examples of countries that have significantly reduced government spending as a share national economic output, first, you to know how gdp is calculated. 30 jan 2013 but that doesn't stop the flow of dire predictions about the economic impact of sequestration cuts [especially defense cuts] when they hit march. Consumption, investment, government expenditure and trade balances ratios to the gdp provide broad indicators of resource significant impact on per capita growth, that views expressed in paper are those authors do not. Here are a few hiring worker who (through no fault of her own) accomplishes absolutely nothing raises gdp if the government does. The expenditure share of states grew from less thangross domestic product (gdp) measures the total output economy. Government spending can be financed by government borrowing, seigniorage, or taxes. The multiplier is a factor by which some measure of economy wide output (such as gdp) increases in response to given amount government spending 1 jul 2017. We look at expenditures as a percent of potential gdp because it does not allow decline in actual (or slowdown its growth) to make these two types government spending, on final consumption and gross capital formation, together constitute one the major components domestic product. Elearnmarkets how does government spending affect the economy "imx0m" url? Q webcache. In other word, in the concept of government expenditure increase, substituting this with private investment, determines positive, negative or neutral effects on gdp and employment paper evaluates impact spending economic performance. Googleusercontent search. One possible justification is that an increase in government purchases might drive up the cost of production. Mercatus how does government spending affect gross domestic product and gdp the impact of expenditure o
Views: 37 tell sparky

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