Chapter 12 Measuring Economic Performance Ppt Download Presentation on theme: "chapter 12 – measuring economic performance"— presentation transcript: 1 chapter 12 – measuring economic performance for the class final project, the measurement will be: percent increase in gdp. Download ppt "chapter 12 economics measuring the nation’s economic performance…or in this case, the lack of performance." similar presentations gross domestic product and growth.
.jpg "Chapter 12 Measuring Economic Performance Macroeconomic Concept Ppt")
Chapter 12 Measuring Economic Performance Macroeconomic Concept Ppt Follow. the document discusses various measures used to assess economic performance and well being, including gdp, inflation, unemployment, balance of payments, exchange rates, as well as non economic measures like quality of life, environment, health, education, and taxation. it provides details on how each indicator is defined and calculated. Measuring economic performance. readings. lequiller françois and derek blades, 2006, under standing national accounts, organization for economic cooperation and development, chapter 1 and 2. link bureau of economic analysis “introduction to the national income and product accounts” link. Presentation transcript. measuring economic performance part 1. gross domestic product (gdp) • gdp is the primary measurement of economic performance. • it is the dollar value of all final goods and services produced within a country’s borders in a given year. • the gdp of the united states is $13.13 trillion dollars (2007). Ch.2 economic performance 22 2.7 measuring inflation the rate of inflation – percentage rate of change in the general price level from one period to the next the general price level – measure of the purchasing power of the dollar (the amount of goods and services that the dollar can buy) two ways to measure the general price level:.
Ppt Chapter 12 Measuring Economic Performance Powerpoint Presentation transcript. measuring economic performance part 1. gross domestic product (gdp) • gdp is the primary measurement of economic performance. • it is the dollar value of all final goods and services produced within a country’s borders in a given year. • the gdp of the united states is $13.13 trillion dollars (2007). Ch.2 economic performance 22 2.7 measuring inflation the rate of inflation – percentage rate of change in the general price level from one period to the next the general price level – measure of the purchasing power of the dollar (the amount of goods and services that the dollar can buy) two ways to measure the general price level:. They are available to download as individual decks below. module 1: economic thinking. module 2: choice in a world of scarcity. module 3: supply and demand. module 4: applications of supply and demand. module 5: elasticity. module 6: macroeconomic measures: gdp and economic growth. module 7: macroeconomic measures: unemployment and inflation. Gross domestic product (gdp) measure of national output multiplying all final goods and services produced in a 12 month period by prices is somewhat limited because it does not measure secondhand sales and the underground economy.
Chapter 12 Measuring Economic Performance Macroeconomic Concept Ppt They are available to download as individual decks below. module 1: economic thinking. module 2: choice in a world of scarcity. module 3: supply and demand. module 4: applications of supply and demand. module 5: elasticity. module 6: macroeconomic measures: gdp and economic growth. module 7: macroeconomic measures: unemployment and inflation. Gross domestic product (gdp) measure of national output multiplying all final goods and services produced in a 12 month period by prices is somewhat limited because it does not measure secondhand sales and the underground economy.
Chapter 12 Measuring Economic Performance Ppt Download
Comments are closed.