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Download SHAD1053 - Lecture-2.pptx
SHAD1053 - Lecture-2.pptx Details
- Friday, 27 April 2018 [210.5KB]
Reflection
From this chapter, I learned that:
- GDP, income and expenditure
- Measuring GDP by using expenditure approach and the income approach
- Expenditures excluded from GDP calculation
- Valuing industrial output
- Real GDP and nominal GDP
- Relationship between real GDP and standard of living
- National income accounting
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Video (GDP Calculation)
Plan
Notemaking and case study discussion.
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