Documents HE9091 Lecture 7

HE9091 Principles of Economics Lecture 7 Gross Domestic Product (GDP) and Inflation Tan Khay Boon Email: [email protected] Office: HSS-04-25 Topics • Gross Domestic Product…

Documents Gross Domestic Product and Growth Chapter 12. Why Measure Growth? After the Great Depression,...

Slide 1 Gross Domestic Product and Growth Chapter 12 Slide 2 Why Measure Growth? After the Great Depression, economists felt it was important to measure macroeconomic status…

Documents KEY CONCEPT National income accounting uses statistical measures of income, spending, and output to...

Slide 1 Slide 2  KEY CONCEPT  National income accounting uses statistical measures of income, spending, and output to help people understand what is happening to a…

Documents 1 Aggregate Supply and Demand Chapter 8. 2 Aggregate Demand and Supply 2 This is going to look...

Slide 1 1 Aggregate Supply and Demand Chapter 8 Slide 2 2 Aggregate Demand and Supply 2 This is going to look similar to what we have done before but conceptually it is pretty…