Unit 2: Introduction to Macroeconomics

Lesson 7a: Measuring the Economy - GDP

Assignments: Video Lectures

AGGREGATE OUTPUT AND INCOME 10.1.1 The Production Possibilities Frontier: Macroeconomic Applications 18:18 [MyNotes] REVIEW (2a): 10.1.2 The Circular Flow Model 9:38 [MyNotes] 10.1.3 Real GDP 12:01 [MyNotes] 10.1.4 The BEA Procedure for Calculating Real GDP 8:15 [MyNotes] 10.1.5 Limitations of GDP and Alternative Indexes 4:51 [MyNotes] APPROACHES TO CALCULATING GDP 10.2.1 The Expenditures Approach 4:54 [MyNotes] 10.2.2 The Income Approach 7:02 [MyNotes] EconMovies- Episode 6: Back to the Future (Nominal vs. Real, Unemployment, Inflation) (6:29)

HOME Lesson 7a