Documents National Income Concept and Measurement

National Income and its components Presented By: Prof Ritesh Lal The Economy’s Income and Expenditure When judging whether the economy is doing well or poorly, it is natural…

Economy & Finance Unit 4

1. UNIT 4 MACRO ECONOMICSUNIT 5 AGGREGATE SUPPLY AND ROLE OF MONEY 2. RECAP• As for now we learned various aspects ofmicro economics– Demand– Supply– Cost of production–…

Documents Economic Growth (GDP) With Mrs. Eskra. OBJECTIVES: WHAT WILL YOU LEARN? – What GDP is and what it....

Slide 1Economic Growth (GDP) With Mrs. Eskra Slide 2 OBJECTIVES: WHAT WILL YOU LEARN? – What GDP is and what it measures. – The two approaches to calculating GDP Income…