Slide 1MACRO ECONOMICS 1 Slide 2 Macroeconomics is the study of the large economy as a whole. It is the study of the big picture. Instead of analyzing one consumer, we analyze…
Slide 1 Slide 2 Chapter 12 Gross Domestic Product and Growth Slide 3 How Can We Measure Economic Growth? Gross Domestic Product (GDP) – dollar value of all goods and services…
Slide 1MACRO Slide 2 Domain Focus SSEMA1 The student will illustrate the means by which economic activity is measured. Slide 3 Domain Focus SSEMA2 The student will explain…
Slide 1 Agenda Anything new? Tests Returned Naked Economics Quiz Review GDP and the Business Cycle Problems with GDP Article Video Economic Challenges Student Companies HOMEWORK…
Slide 1 Measuring Macroeconomic Activity Chapter 11 Slide 2 Measuring Gross Domestic Product (GDP) The comprehensive measure of the market value of all currently produced…
Slide 1 Chapter 9: Production and Productivity Slide 2 GDP: Gross Domestic Product Economists monitor the macroeconomy using national income accounting, a system that collects…