Slide 1 Macroeconomics SS 2008 Slide 2 Thomson, South-Western International Student Edition ISBN 0-324-20307-1 4 th edition to be published soon Slide 3 http://www.wiwi.uni-bonn.de/shaked/nap-macro-SS-08/…
Slide 1 Chapter Measuring a Nation’s Income 10 Slide 2 Microeconomics vs. Macroeconomics Microeconomics – Study of how households and firms Make decisions Interact in…
Slide 1 MEASURING A NATIONS INCOME Slide 2 Microeconomics Microeconomics is the study of how individual households and firms make decisions and how they interact…
Measuring National Income Dr. Shylajan, C.S * Topics of Discussion Circular Flow of Income and Expenditure Gross Domestic Product (GDP) Measurement of GDP Other Measures…
Slide 1 Chapter The Design of the Tax System 12 Slide 2 Would you give up a larger portion of your income for a higher standard of living in our country? Why or why not?…
Slide 1 Chapter Measuring a Nation’s Income 10 Slide 2 The Economy’s Income and Expenditure Gross Domestic Product (GDP) – Measures the total income of everyone in…
Slide 1 Chapter Measuring a Nation’s Income 15 Slide 2 Microeconomics vs. Macroeconomics Microeconomics – Study of how households and firms Make decisions Interact in…