Module Interpreting Real Gross Domestic Product KRUGMAN'S MACROECONOMICS for AP* 11 Margaret Ray and David Anderson.

Slides:

Advertisements

Similar presentations

Module Equilibrium in the Aggregate Demand- Aggregate Supply Model

Advertisements

AP Economics Mr. Bernstein Module 11: Interpreting Real Gross Domestic Product January 22, 2015.

Module Aggregate Supply: Introduction and Determinants KRUGMAN'S MACROECONOMICS for AP* 18 Margaret Ray and David Anderson.

Module Supply and Demand: Changes in Equilibrium

Module The Production Possibilities Curve Model

Module Aggregate Supply: Introduction and Determinants KRUGMAN'S MACROECONOMICS for AP* 18 Margaret Ray and David Anderson.

Module 37: Long-run Economic Growth

Module The Meaning and Calculation of Unemployment

Interpreting RGPD Module 11. Learning Objectives The difference between real GDP and nominal GDP Why real GDP is the appropriate measure of economic activity.

Module Income and Expenditure

Module Exchange Rate Policy KRUGMAN'S MACROECONOMICS for AP* 43 Margaret Ray and David Anderson.

Module The Meaning and Calculation of Unemployment KRUGMAN'S MACROECONOMICS for AP* 12 Margaret Ray and David Anderson.

Module Equilibrium in the Aggregate Demand- Aggregate Supply Model

Module 29 The Market for Loanable Funds KRUGMAN'S

Module Comparative Advantage and Trade KRUGMAN'S MACROECONOMICS for AP* 4 Margaret Ray and David Anderson.

Module Equilibrium in the Aggregate Demand- Aggregate Supply Model KRUGMAN'S MACROECONOMICS for AP* 19 Margaret Ray and David Anderson.

Module The Circular Flow and Gross Domestic Product KRUGMAN'S MACROECONOMICS for AP* 10 Margaret Ray and David Anderson.

Interpreting Real Gross Domestic Product

Module 11 Mar  Aggregate output is the total quantity of final goods and services produced within an economy  Real GDP – the total value of all.

Module Economic Growth in Macroeconomic Models KRUGMAN'S MACROECONOMICS for AP* 40 Margaret Ray and David Anderson.

Module The Foreign Exchange Market KRUGMAN'S MACROECONOMICS for AP* 42 Margaret Ray and David Anderson.

Module Monetary Policy and the Interest Rate

Module Productivity and Growth KRUGMAN'S MACROECONOMICS for AP* 38 Margaret Ray and David Anderson.

Economic Indicators. Gross Domestic Product GDP per Capita.

Module The Circular Flow and Gross Domestic Product KRUGMAN'S MACROECONOMICS for AP* 10 Margaret Ray and David Anderson.

Module The Measurement and Calculation of Inflation KRUGMAN'S MACROECONOMICS for AP* 15 Margaret Ray and David Anderson.

Module Monetary Policy and the Interest Rate

Module The Definition and Measurement of Money KRUGMAN'S MACROECONOMICS for AP* 23 Margaret Ray and David Anderson.

Module The Modern Macroeconomic Consensus KRUGMAN'S MACROECONOMICS for AP* 36 Margaret Ray and David Anderson.

Module The Production Possibilities Curve Model KRUGMAN'S MACROECONOMICS for AP* 3 Margaret Ray and David Anderson.

Module Comparative Advantage and Trade

Module Economic Growth in Macroeconomic Models KRUGMAN'S MACROECONOMICS for AP* 40 Margaret Ray and David Anderson.

Module Supply and Demand: Quantity Controls KRUGMAN'S MACROECONOMICS for AP* 9 Margaret Ray and David Anderson.

Macroeconomics CHAPTER 7 Tracking the Macroeconomy PowerPoint® Slides by Can Erbil © 2005 Worth Publishers, all rights reserved.

GDP GROSS DOMESTIC PRODUCT. MEASURE OF ECONOMIC OUTPUT Macro keeps track of production, consumption, saving, investment, & income GDP is used to track.

Module Money, Output, and Prices in the Long Run

Module Monetary Policy and the Interest Rate KRUGMAN'S MACROECONOMICS for AP* 31 Margaret Ray and David Anderson.

Module Long-run Economic Growth KRUGMAN'S MACROECONOMICS for AP* 37 Margaret Ray and David Anderson.

Module Introduction to Macroeconomics KRUGMAN'S MACROECONOMICS for AP* 2 Margaret Ray and David Anderson.

Module Supply and Demand: Quantity Controls KRUGMAN'S MACROECONOMICS for AP* 9 Margaret Ray and David Anderson.

Module Productivity and Growth KRUGMAN'S MACROECONOMICS for AP* 38 Margaret Ray and David Anderson.

Module Money, Output, and Prices in the Long Run KRUGMAN'S MACROECONOMICS for AP* 32 Margaret Ray and David Anderson.

KRUGMAN'S MACROECONOMICS for AP* Module The Study of Economics 1 Margaret Ray and David Anderson NEW PICTURE TO COME.

Module Comparative Advantage and Trade KRUGMAN'S MACROECONOMICS for AP* 4 Margaret Ray and David Anderson.

Module The Meaning and Calculation of Unemployment

Module Introduction to Macroeconomics KRUGMAN'S MACROECONOMICS for AP* 2 Margaret Ray and David Anderson.

KRUGMAN'S MACROECONOMICS for AP* Module The Study of Economics 1 Margaret Ray and David Anderson NEW PICTURE TO COME.

Module Interpreting Real Gross Domestic Product KRUGMAN'S MACROECONOMICS for AP* 11 Margaret Ray and David Anderson.

Module Aggregate Supply: Introduction and Determinants KRUGMAN'S MACROECONOMICS for AP* 18 Margaret Ray and David Anderson.

Charis, will you go to prom with me?. Module Aggregate Demand: Introduction and Determinants KRUGMAN'S MACROECONOMICS for AP* 17 Margaret Ray and David.

ECONOMICS Paul Krugman | Robin Wells with Margaret Ray and David Anderson SECOND EDITION in MODULES.

Interpreting Real Gross Domestic Product First things first… I’m the realest.

Module The Foreign Exchange Market KRUGMAN'S MACROECONOMICS for AP* 42 Margaret Ray and David Anderson.

Module Long-run Economic Growth KRUGMAN'S MACROECONOMICS for AP* 37 Margaret Ray and David Anderson.

Module Fiscal Policy and the Multiplier KRUGMAN'S MACROECONOMICS for AP* 21 Margaret Ray and David Anderson.

Module Interpreting Real Gross Domestic Product

The Circular Flow and Gross Domestic Product and Interpreting Real Gross Domestic Product Lesson 23 Sections 10, 11.

Section 3 Module 11.

Gross Domestic Product and other Indicators

Module Interpreting Real Gross Domestic Product

CHAPTER Gross Domestic Product 15.

الادارة الصحية: المفهوم والأهمية والخصوصية

Module Interpreting Real Gross Domestic Product

Module Money, Output, and Prices in the Long Run

AP ECONOMICS: September 28

Module Money, Output, and Prices in the Long Run

Module Interpreting Real Gross Domestic Product

Module The Production Possibilities Curve Model

AP ECONOMICS: February 15

Module Money, Output, and Prices in the Long Run

Presentation transcript:

Module Interpreting Real Gross Domestic Product KRUGMAN'S MACROECONOMICS for AP* 11 Margaret Ray and David Anderson

What you will learn in this Module : The difference between real GDP and nominal GDP Why real GDP is the appropriate measure of real economic activity

What GDP Tells Us Economic Size Comparison Relative size of country indicates relative size of Gross Domestic Product

Inflation’s effect on GDP Aggregate Output Real GDP: A Measure of Aggergate Output

Calculating Real GDP

What Real GDP Doesn’t Measure Real GDP v. GDP per capita Living Standards Limitations of Real GDP per capita