- published: 18 Nov 2015
- views: 1163796
back to playlist
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?
The cashier is computing a very important number: gross domestic product, or GDP.
GDP is the market value of all finished goods and services, produced within a country in a year.
But, what does "market value" mean? And what defines a "finished good"?
These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour.
In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way.
Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?”
Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute.
So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP.
Macroeconomics Course: http://bit.ly/2JjphSP
Next video: https://bit.ly/2UHwvoV
Help us caption & translate this video!
http://amara.org/v/HZv3/
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture. So how does GDP work? CNBC’s Elizabeth Schulze explains.
-----
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- published: 26 Sep 2018
- views: 955313
This video shows the Top 20 countries with highest GDP PPP from 1800 to 2040 based on 2011 international dollars. It gives a brief history of the world since the 1800s. China and India were ahead before the 1900s while the US started leading after the 20th century.
Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power.
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Source:
The Angus Maddison Project & World Bank
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- published: 06 May 2019
- views: 6778799
In this episode I explain the Gross Domestic Product (GDP), the three ways it is calculated, and connect it to the financial sector. I also explain how George Washington's death is similar to the Great Depression. Weird huh? Thanks for watching.
The answers to the multiple-choice questions are below:
1. A
2. C
3. D
4. C
How to download the Circular Flow and GDP Practice Sheet
Step 1: Go to: https://acdcecon.thinkific.com
Step 2: Create a free account
Step 3: Enroll in the free version of the MACROeconomics packet (either AP or College)
Step 4: Go to Unit 2- "Circular Flow and GDP Practice Sheet (with answers)"
Step 5: Download the PDF, fill it out, and check your answers
*Note* Teachers- Do not print the practice sheet and give it to your students. This is NOT for in-class use. If you are interested in getting worksheets for your class, please go to my website: https://www.acdcecon.com/bulk-discount
Circular Flow Video- https://youtu.be/mN5HPJYJzus
Econmovies Cars Video- https://youtu.be/KZaB1U3k0j8
- published: 11 Sep 2019
- views: 189681
This video will compare the top 15 countries by GDP Nominal from 1600-2019.
Here's the updated version of this video: https://youtu.be/0EWWXQA9D48
Music: Egmont Overture by Beethoven - Kevin Macleod
- published: 28 Dec 2019
- views: 3299650
What is GDP and why should you even care? Find out in 2 minutes!
Host: Wala'a El Barasse
- published: 21 Aug 2017
- views: 958322
Sign-up for Acorns! 👉 https://acorns.com/ee?s2=GDP3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!)
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
GDP is one of the most universally recognized terms in economics. Even outside people with an interest in the subject most adults would be able to tell you that GDP is a measure of how large an economy is.
They might not be able to tell you how it’s calculated or even what it stands for but they would get at least that part right.
And you know what, that’s probably all they need to know, it might be all economists need to know about the figure, because it might be the extent of what this figure can tell us.
Gross Domestic Product is a measurement of production in an economy, the idea is that the more stuff that is being created and transacted the wealthier the economy is and while this isn’t necessarily wrong it’s not the whole story.
The tachometer is a measurement of your car’s performance. Higher revs on the dial, normally mean your car is going faster, but there is actually no way to know without other information, like if that car is in gear or even if that car has wheels on.
This might be a bit of a rough analogy but in a world where people are becoming hyper-focused on GDP figures and what they mean for everybody amidst the chaos of 2020, it’s important to remember to check the other indicators.
Something to keep in mind amongst all of this is that GDP is a macro-economic measure, it looks at the whole economy as an aggregate or a total collective.
Sure the figures might not look great, but ask yourselves watching, did your lifestyle become 33% worse when a 33% drop in GDP was recorded?
For most of you watching I would imagine the answer is no, which might start to raise some eyebrows as to just how useful this measure is at telling economists what's really going on in the nations they are studying.
So ...
What are the limitations of GDP?
Are there better figures to look at to get an idea of how prosperous an economy is?
And how could focus on something outside of pure productive capacity be good for our economy?
#Economics #GDP #NetWorth
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- published: 24 Sep 2020
- views: 274948
#Grossdomesticproducteconomics #Grossdomesticproductinhindi #Product #Domestic #Gross, #Grossdomesticproduct #Grossnationalproductexplained #Product #National #Gross #Grossnationalproduct #Netnationalproductinhindi #Product #National #Net #Netnationalproduct #Grossnationalproductinurdu #Netdomesticproductexplained #Netdomesticproductinhindi #Netdomesticproduct #Goodsandservicesinhindi #Goodsandservices #Goodsandservice #Service #And #Goods #typesofgdp
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- published: 13 Jul 2020
- views: 4511127
Thinking about how different types of expenditures would be accounted for in GDP
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/examples-of-accounting-for-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/income-and-expenditure-views-of-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics
Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
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- published: 04 Feb 2012
- views: 456131
Note: In this Balkan Video, we don't include Italy and Turkey because their territory in the Balkan is very small.
The Balkans also known as the Balkan Peninsula, is a geographic area in Southeast Europe with various definitions and meanings, including geopolitical and historical. The region takes its name from the Balkan Mountains that stretch throughout the whole of Bulgaria from the Serbian–Bulgarian border to the Black Sea coast. The Balkan Peninsula is bordered by the Adriatic Sea in the northwest, the Ionian Sea in the southwest, the Aegean Sea in the south, the Turkish Straits in the east, and the Black Sea in the northeast. The northern border of the peninsula is variously defined. The highest point of the Balkans is Mount Musala, 2,925 metres (9,596 ft), in the Rila mountain range, Bulgaria.
The concept of the Balkan Peninsula was created by the German geographer August Zeune in 1808, who mistakenly considered the Balkan Mountains the dominant mountain system of Southeast Europe spanning from the Adriatic Sea to the Black Sea. The term of Balkan Peninsula was a synonym for Rumelia (European Turkey) in the 19th century, the former provinces of the Ottoman Empire in Southeast Europe.
It had a geopolitical rather than a geographical definition, further promoted during the creation of the Kingdom of Yugoslavia in the early 20th century. The definition of the Balkan Peninsula's natural borders do not coincide with the technical definition of a peninsula and hence modern geographers reject the idea of a Balkan peninsula, while scholars usually discuss the Balkans as a region. The term has acquired a stigmatized and pejorative meaning related to the process of Balkanization, and hence the preferred alternative term used for the region is Southeast Europe.
Tags:
balkan, balkan gdp, yugoslavia gdp, romania gdp, greek gdp, serbia gdp, balkan statistic, balkan countries, serbia, montenegro, macedonia, bulgaria, slovenia, greece, romania, albania, croatia, bosnia,
- published: 09 Jul 2020
- views: 415760
developed with YouTube
Gross domestic product
Gross domestic product (GDP) is a monetary measure of the value of all final goods and services produced in a period (quarterly or yearly). Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Nominal GDP however do not reflect differences in the cost of living and the inflation rates of the countries; therefore using a GDP PPP per capita basis is arguably more useful when comparing differences in living standards between nations.
GDP is not a complete measure of economic activity. It accounts for final output or value added at each stage of production, but not total output or total sales along the entire production process. It deliberately leaves out business-to-business (B2B) transactions in the early and intermediate stages of production, as well as sales of used goods. In the United States, the Bureau of Economic Analysis (BEA) has introduced a new quarterly statistic called gross output (GO), a broader measure that attempts to add up total sales or revenues at all stages of production.Mark Skousen was the first economist to advocate GO as an important macroeconomic tool. Other countries are following suit, such as the United Kingdom, which now producing an annual statistic called Total Output.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Gross_domestic_product
GDP (disambiguation)
GDP or gross domestic product is the basic measure of a country's overall economic output.
GDP may also refer to:
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/GDP_(disambiguation)
GDP (musician)
Matthew Miller, better known by his stage name GDP, is an American hip hop recording artist from West Orange, New Jersey.
History
GDP began in 2008 with the release of a split with Dirty Money. The following year he released his debut full-length album, titled Realistic Expectations via Say-10 Records. In 2010, GDP released an EP titled Magic Bullet via Doom Cat Records.
In 2011, GDP released his second full-length album titled Useless Eaters via Run For Cover Records.
In 2013, GDP released his third full-length album with The Wrong Address, titled Holla via Run For Cover.
In 2014, GDP released a compilation album titled Collectibles via Smokers Cough and Ride The Fury. In March 2014, The Front Bottoms announced at the South by Southwest music festival plans to release a split with GDP sometime in the future. The 7" split was officially announced the following year and was released on April 18, 2015 (Record Store Day).
Discography
Studio albums
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/GDP_(musician)
-
What is Gross Domestic Product (GDP)?
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed? The cashier is computing a very important number: gross domestic product, or GDP. GDP is the market value of all finished goods and services, produced within a country in a year. But, what does "market value" mean? And what defines a "finished good"? These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour. In this video, join us as ...
published: 18 Nov 2015 -
What is GDP? | CNBC Explains
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture. So how does GDP work? CNBC’s Elizabeth Schulze explains. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi
published: 26 Sep 2018 -
Top 20 Country GDP (PPP) History & Projection (1800-2040)
This video shows the Top 20 countries with highest GDP PPP from 1800 to 2040 based on 2011 international dollars. It gives a brief history of the world since the 1800s. China and India were ahead before the 1900s while the US started leading after the 20th century. Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power. Twitter: https://twitter.com/wawamustats Facebook: https://fb.me/wawamustats Source: The Angus Maddison Project & World Bank Special Thanks to Our Patron: C&MHansen; Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
published: 06 May 2019 -
GDP and the Circular Flow- Macro Topic 2.1
In this episode I explain the Gross Domestic Product (GDP), the three ways it is calculated, and connect it to the financial sector. I also explain how George Washington's death is similar to the Great Depression. Weird huh? Thanks for watching. The answers to the multiple-choice questions are below: 1. A 2. C 3. D 4. C How to download the Circular Flow and GDP Practice Sheet Step 1: Go to: https://acdcecon.thinkific.com Step 2: Create a free account Step 3: Enroll in the free version of the MACROeconomics packet (either AP or College) Step 4: Go to Unit 2- "Circular Flow and GDP Practice Sheet (with answers)" Step 5: Download the PDF, fill it out, and check your answers *Note* Teachers- Do not print the practice sheet and give it to your students. This is NOT for in-class use. If yo...
published: 11 Sep 2019 -
Top 15 Countries By GDP (1600-2019)
This video will compare the top 15 countries by GDP Nominal from 1600-2019. Here's the updated version of this video: https://youtu.be/0EWWXQA9D48 Music: Egmont Overture by Beethoven - Kevin Macleod
published: 28 Dec 2019 -
What Is GDP?
What is GDP and why should you even care? Find out in 2 minutes! Host: Wala'a El Barasse
published: 21 Aug 2017 -
Why GDP Is Overrated & Nobody Should Care About It!
Sign-up for Acorns! 👉 https://acorns.com/ee?s2=GDP3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ GDP is one of the most universally recognized terms in economics. Even outside people with an interest in the subject most adults would be able to tell you that GDP is a measure of how large an economy is. They might not be able to tell you how it’s calculated or even what it stands for but they would get at least that part right. And you know what, that’s probably all they need to know, it might be all economists need to know about the figure, because it might be the extent of what this figure can tell us. Gross Domestic Product is a measurement of production in an economy, the idea is that the more stuff ...
published: 24 Sep 2020 -
क्या होती है GDP और इसके गिरने का आप पर क्या होता है असर ? | GDP | GNP | NNP | NDP | PPP
#Grossdomesticproducteconomics #Grossdomesticproductinhindi #Product #Domestic #Gross, #Grossdomesticproduct #Grossnationalproductexplained #Product #National #Gross #Grossnationalproduct #Netnationalproductinhindi #Product #National #Net #Netnationalproduct #Grossnationalproductinurdu #Netdomesticproductexplained #Netdomesticproductinhindi #Netdomesticproduct #Goodsandservicesinhindi #Goodsandservices #Goodsandservice #Service #And #Goods #typesofgdp Video Link of MSMEs- https://youtu.be/h2g9XY4-TYI About Coaching:- Teacher - Khan Sir Address - Kisan Cold Storage, Sai Mandir, Musallah pur, Patna 800006 Call - 8757354880, 8877918018 About Video :- About Khan GS Research Centre:- Here you will find General knowledge, Current Affairs, Science & Tec...
published: 13 Jul 2020 -
Components of GDP | GDP: Measuring national income | Macroeconomics | Khan Academy
Thinking about how different types of expenditures would be accounted for in GDP Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/examples-of-accounting-for-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/income-and-expenditure-views-of-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their ...
published: 04 Feb 2012 -
The Richest Balkan Countries by GDP (1980 - 2024)
Note: In this Balkan Video, we don't include Italy and Turkey because their territory in the Balkan is very small. The Balkans also known as the Balkan Peninsula, is a geographic area in Southeast Europe with various definitions and meanings, including geopolitical and historical. The region takes its name from the Balkan Mountains that stretch throughout the whole of Bulgaria from the Serbian–Bulgarian border to the Black Sea coast. The Balkan Peninsula is bordered by the Adriatic Sea in the northwest, the Ionian Sea in the southwest, the Aegean Sea in the south, the Turkish Straits in the east, and the Black Sea in the northeast. The northern border of the peninsula is variously defined. The highest point of the Balkans is Mount Musala, 2,925 metres (9,596 ft), in the Rila mountain ran...
published: 09 Jul 2020
developed with YouTube
4:36
What is Gross Domestic Product (GDP)?
- Order: Reorder
- Duration: 4:36
- Uploaded Date: 18 Nov 2015
- views: 1163796
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for ea...
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?
The cashier is computing a very important number: gross domestic product, or GDP.
GDP is the market value of all finished goods and services, produced within a country in a year.
But, what does "market value" mean? And what defines a "finished good"?
These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour.
In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way.
Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?”
Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute.
So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP.
Macroeconomics Course: http://bit.ly/2JjphSP
Next video: https://bit.ly/2UHwvoV
Help us caption & translate this video!
http://amara.org/v/HZv3/
https://wn.com/What_Is_Gross_Domestic_Product_(Gdp)
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?
The cashier is computing a very important number: gross domestic product, or GDP.
GDP is the market value of all finished goods and services, produced within a country in a year.
But, what does "market value" mean? And what defines a "finished good"?
These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour.
In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way.
Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?”
Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute.
So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP.
Macroeconomics Course: http://bit.ly/2JjphSP
Next video: https://bit.ly/2UHwvoV
Help us caption & translate this video!
http://amara.org/v/HZv3/
- published: 18 Nov 2015
- views: 1163796
4:11
What is GDP? | CNBC Explains
- Order: Reorder
- Duration: 4:11
- Uploaded Date: 26 Sep 2018
- views: 955313
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t alwa...
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture. So how does GDP work? CNBC’s Elizabeth Schulze explains.
-----
Subscribe to us on YouTube: http://cnb.cx/2wuoARM
Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv
Like our Facebook page:
https://www.facebook.com/cnbcinternational
Follow us on Instagram:
https://www.instagram.com/cnbcinternational/
Follow us on Twitter:
https://twitter.com/CNBCi
https://wn.com/What_Is_Gdp_|_Cnbc_Explains
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture. So how does GDP work? CNBC’s Elizabeth Schulze explains.
-----
Subscribe to us on YouTube: http://cnb.cx/2wuoARM
Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv
Like our Facebook page:
https://www.facebook.com/cnbcinternational
Follow us on Instagram:
https://www.instagram.com/cnbcinternational/
Follow us on Twitter:
https://twitter.com/CNBCi
- published: 26 Sep 2018
- views: 955313
6:17
Top 20 Country GDP (PPP) History & Projection (1800-2040)
- Order: Reorder
- Duration: 6:17
- Uploaded Date: 06 May 2019
- views: 6778799
This video shows the Top 20 countries with highest GDP PPP from 1800 to 2040 based on 2011 international dollars. It gives a brief history of the world since th...
This video shows the Top 20 countries with highest GDP PPP from 1800 to 2040 based on 2011 international dollars. It gives a brief history of the world since the 1800s. China and India were ahead before the 1900s while the US started leading after the 20th century.
Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power.
Twitter: https://twitter.com/wawamustats
Facebook: https://fb.me/wawamustats
Source:
The Angus Maddison Project & World Bank
Special Thanks to Our Patron:
C&MHansen;
Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
https://wn.com/Top_20_Country_Gdp_(Ppp)_History_Projection_(1800_2040)
This video shows the Top 20 countries with highest GDP PPP from 1800 to 2040 based on 2011 international dollars. It gives a brief history of the world since the 1800s. China and India were ahead before the 1900s while the US started leading after the 20th century.
Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power.
Twitter: https://twitter.com/wawamustats
Facebook: https://fb.me/wawamustats
Source:
The Angus Maddison Project & World Bank
Special Thanks to Our Patron:
C&MHansen;
Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
- published: 06 May 2019
- views: 6778799
9:25
GDP and the Circular Flow- Macro Topic 2.1
- Order: Reorder
- Duration: 9:25
- Uploaded Date: 11 Sep 2019
- views: 189681
In this episode I explain the Gross Domestic Product (GDP), the three ways it is calculated, and connect it to the financial sector. I also explain how George W...
In this episode I explain the Gross Domestic Product (GDP), the three ways it is calculated, and connect it to the financial sector. I also explain how George Washington's death is similar to the Great Depression. Weird huh? Thanks for watching.
The answers to the multiple-choice questions are below:
1. A
2. C
3. D
4. C
How to download the Circular Flow and GDP Practice Sheet
Step 1: Go to: https://acdcecon.thinkific.com
Step 2: Create a free account
Step 3: Enroll in the free version of the MACROeconomics packet (either AP or College)
Step 4: Go to Unit 2- "Circular Flow and GDP Practice Sheet (with answers)"
Step 5: Download the PDF, fill it out, and check your answers
*Note* Teachers- Do not print the practice sheet and give it to your students. This is NOT for in-class use. If you are interested in getting worksheets for your class, please go to my website: https://www.acdcecon.com/bulk-discount
Circular Flow Video- https://youtu.be/mN5HPJYJzus
Econmovies Cars Video- https://youtu.be/KZaB1U3k0j8
https://wn.com/Gdp_And_The_Circular_Flow_Macro_Topic_2.1
In this episode I explain the Gross Domestic Product (GDP), the three ways it is calculated, and connect it to the financial sector. I also explain how George Washington's death is similar to the Great Depression. Weird huh? Thanks for watching.
The answers to the multiple-choice questions are below:
1. A
2. C
3. D
4. C
How to download the Circular Flow and GDP Practice Sheet
Step 1: Go to: https://acdcecon.thinkific.com
Step 2: Create a free account
Step 3: Enroll in the free version of the MACROeconomics packet (either AP or College)
Step 4: Go to Unit 2- "Circular Flow and GDP Practice Sheet (with answers)"
Step 5: Download the PDF, fill it out, and check your answers
*Note* Teachers- Do not print the practice sheet and give it to your students. This is NOT for in-class use. If you are interested in getting worksheets for your class, please go to my website: https://www.acdcecon.com/bulk-discount
Circular Flow Video- https://youtu.be/mN5HPJYJzus
Econmovies Cars Video- https://youtu.be/KZaB1U3k0j8
- published: 11 Sep 2019
- views: 189681
9:04
Top 15 Countries By GDP (1600-2019)
- Order: Reorder
- Duration: 9:04
- Uploaded Date: 28 Dec 2019
- views: 3299650
This video will compare the top 15 countries by GDP Nominal from 1600-2019.
Here's the updated version of this video: https://youtu.be/0EWWXQA9D48
Music: Egmon...
This video will compare the top 15 countries by GDP Nominal from 1600-2019.
Here's the updated version of this video: https://youtu.be/0EWWXQA9D48
Music: Egmont Overture by Beethoven - Kevin Macleod
https://wn.com/Top_15_Countries_By_Gdp_(1600_2019)
This video will compare the top 15 countries by GDP Nominal from 1600-2019.
Here's the updated version of this video: https://youtu.be/0EWWXQA9D48
Music: Egmont Overture by Beethoven - Kevin Macleod
- published: 28 Dec 2019
- views: 3299650
1:47
What Is GDP?
- Order: Reorder
- Duration: 1:47
- Uploaded Date: 21 Aug 2017
- views: 958322
What is GDP and why should you even care? Find out in 2 minutes!
Host: Wala'a El Barasse
What is GDP and why should you even care? Find out in 2 minutes!
Host: Wala'a El Barasse
https://wn.com/What_Is_Gdp
What is GDP and why should you even care? Find out in 2 minutes!
Host: Wala'a El Barasse
- published: 21 Aug 2017
- views: 958322
17:37
Why GDP Is Overrated & Nobody Should Care About It!
- Order: Reorder
- Duration: 17:37
- Uploaded Date: 24 Sep 2020
- views: 274948
Sign-up for Acorns! 👉 https://acorns.com/ee?s2=GDP3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!)
▀▀▀▀▀▀▀...
Sign-up for Acorns! 👉 https://acorns.com/ee?s2=GDP3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!)
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
GDP is one of the most universally recognized terms in economics. Even outside people with an interest in the subject most adults would be able to tell you that GDP is a measure of how large an economy is.
They might not be able to tell you how it’s calculated or even what it stands for but they would get at least that part right.
And you know what, that’s probably all they need to know, it might be all economists need to know about the figure, because it might be the extent of what this figure can tell us.
Gross Domestic Product is a measurement of production in an economy, the idea is that the more stuff that is being created and transacted the wealthier the economy is and while this isn’t necessarily wrong it’s not the whole story.
The tachometer is a measurement of your car’s performance. Higher revs on the dial, normally mean your car is going faster, but there is actually no way to know without other information, like if that car is in gear or even if that car has wheels on.
This might be a bit of a rough analogy but in a world where people are becoming hyper-focused on GDP figures and what they mean for everybody amidst the chaos of 2020, it’s important to remember to check the other indicators.
Something to keep in mind amongst all of this is that GDP is a macro-economic measure, it looks at the whole economy as an aggregate or a total collective.
Sure the figures might not look great, but ask yourselves watching, did your lifestyle become 33% worse when a 33% drop in GDP was recorded?
For most of you watching I would imagine the answer is no, which might start to raise some eyebrows as to just how useful this measure is at telling economists what's really going on in the nations they are studying.
So ...
What are the limitations of GDP?
Are there better figures to look at to get an idea of how prosperous an economy is?
And how could focus on something outside of pure productive capacity be good for our economy?
#Economics #GDP #NetWorth
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Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained
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GDP is one of the most universally recognized terms in economics. Even outside people with an interest in the subject most adults would be able to tell you that GDP is a measure of how large an economy is.
They might not be able to tell you how it’s calculated or even what it stands for but they would get at least that part right.
And you know what, that’s probably all they need to know, it might be all economists need to know about the figure, because it might be the extent of what this figure can tell us.
Gross Domestic Product is a measurement of production in an economy, the idea is that the more stuff that is being created and transacted the wealthier the economy is and while this isn’t necessarily wrong it’s not the whole story.
The tachometer is a measurement of your car’s performance. Higher revs on the dial, normally mean your car is going faster, but there is actually no way to know without other information, like if that car is in gear or even if that car has wheels on.
This might be a bit of a rough analogy but in a world where people are becoming hyper-focused on GDP figures and what they mean for everybody amidst the chaos of 2020, it’s important to remember to check the other indicators.
Something to keep in mind amongst all of this is that GDP is a macro-economic measure, it looks at the whole economy as an aggregate or a total collective.
Sure the figures might not look great, but ask yourselves watching, did your lifestyle become 33% worse when a 33% drop in GDP was recorded?
For most of you watching I would imagine the answer is no, which might start to raise some eyebrows as to just how useful this measure is at telling economists what's really going on in the nations they are studying.
So ...
What are the limitations of GDP?
Are there better figures to look at to get an idea of how prosperous an economy is?
And how could focus on something outside of pure productive capacity be good for our economy?
#Economics #GDP #NetWorth
Enjoyed the video? Comment below! 💬
⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee
⭑ Enjoyed? Hit the like button! 👍
Q&A; Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g
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Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained
The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas
- published: 24 Sep 2020
- views: 274948
25:37
क्या होती है GDP और इसके गिरने का आप पर क्या होता है असर ? | GDP | GNP | NNP | NDP | PPP
- Order: Reorder
- Duration: 25:37
- Uploaded Date: 13 Jul 2020
- views: 4511127
#Grossdomesticproducteconomics #Grossdomesticproductinhindi #Product #Domestic #Gross, #Grossdomesticproduct #Grossnationalproductexplained #Product #National #...
#Grossdomesticproducteconomics #Grossdomesticproductinhindi #Product #Domestic #Gross, #Grossdomesticproduct #Grossnationalproductexplained #Product #National #Gross #Grossnationalproduct #Netnationalproductinhindi #Product #National #Net #Netnationalproduct #Grossnationalproductinurdu #Netdomesticproductexplained #Netdomesticproductinhindi #Netdomesticproduct #Goodsandservicesinhindi #Goodsandservices #Goodsandservice #Service #And #Goods #typesofgdp
Video Link of MSMEs- https://youtu.be/h2g9XY4-TYI
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Copyright Disclaimer under section 107 of the Copyright Act of 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.
https://wn.com/क्या_होती_है_Gdp_और_इसके_गिरने_का_आप_पर_क्या_होता_है_असर_|_Gdp_|_Gnp_|_Nnp_|_Ndp_|_Ppp
#Grossdomesticproducteconomics #Grossdomesticproductinhindi #Product #Domestic #Gross, #Grossdomesticproduct #Grossnationalproductexplained #Product #National #Gross #Grossnationalproduct #Netnationalproductinhindi #Product #National #Net #Netnationalproduct #Grossnationalproductinurdu #Netdomesticproductexplained #Netdomesticproductinhindi #Netdomesticproduct #Goodsandservicesinhindi #Goodsandservices #Goodsandservice #Service #And #Goods #typesofgdp
Video Link of MSMEs- https://youtu.be/h2g9XY4-TYI
About Coaching:-
Teacher - Khan Sir
Address - Kisan Cold Storage, Sai Mandir,
Musallah pur, Patna 800006
Call - 8757354880, 8877918018
About Video :-
About Khan GS Research Centre:-
Here you will find General knowledge, Current Affairs, Science & Technology, History, Polity, Geography, Economics, Physics, Chemistry, Biology, Computer, Science & Technology, Defense, Space Technology, Indian Map & World Map, Social education video.
Best Coaching Institute in Patna For UPSC, UPPCS, BPSC,BSSC, UPSSSC, SSC, Bank, Rly, Airforce, NDA, CDS, CPF and Other competitive Examination.
Disclaimer:-
Copyright Disclaimer under section 107 of the Copyright Act of 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.
- published: 13 Jul 2020
- views: 4511127
4:58
Components of GDP | GDP: Measuring national income | Macroeconomics | Khan Academy
- Order: Reorder
- Duration: 4:58
- Uploaded Date: 04 Feb 2012
- views: 456131
Thinking about how different types of expenditures would be accounted for in GDP
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/ma...
Thinking about how different types of expenditures would be accounted for in GDP
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/examples-of-accounting-for-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/income-and-expenditure-views-of-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics
Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
https://wn.com/Components_Of_Gdp_|_Gdp_Measuring_National_Income_|_Macroeconomics_|_Khan_Academy
Thinking about how different types of expenditures would be accounted for in GDP
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/examples-of-accounting-for-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/income-and-expenditure-views-of-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics
Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
- published: 04 Feb 2012
- views: 456131
5:50
The Richest Balkan Countries by GDP (1980 - 2024)
- Order: Reorder
- Duration: 5:50
- Uploaded Date: 09 Jul 2020
- views: 415760
Note: In this Balkan Video, we don't include Italy and Turkey because their territory in the Balkan is very small.
The Balkans also known as the Balkan Penins...
Note: In this Balkan Video, we don't include Italy and Turkey because their territory in the Balkan is very small.
The Balkans also known as the Balkan Peninsula, is a geographic area in Southeast Europe with various definitions and meanings, including geopolitical and historical. The region takes its name from the Balkan Mountains that stretch throughout the whole of Bulgaria from the Serbian–Bulgarian border to the Black Sea coast. The Balkan Peninsula is bordered by the Adriatic Sea in the northwest, the Ionian Sea in the southwest, the Aegean Sea in the south, the Turkish Straits in the east, and the Black Sea in the northeast. The northern border of the peninsula is variously defined. The highest point of the Balkans is Mount Musala, 2,925 metres (9,596 ft), in the Rila mountain range, Bulgaria.
The concept of the Balkan Peninsula was created by the German geographer August Zeune in 1808, who mistakenly considered the Balkan Mountains the dominant mountain system of Southeast Europe spanning from the Adriatic Sea to the Black Sea. The term of Balkan Peninsula was a synonym for Rumelia (European Turkey) in the 19th century, the former provinces of the Ottoman Empire in Southeast Europe.
It had a geopolitical rather than a geographical definition, further promoted during the creation of the Kingdom of Yugoslavia in the early 20th century. The definition of the Balkan Peninsula's natural borders do not coincide with the technical definition of a peninsula and hence modern geographers reject the idea of a Balkan peninsula, while scholars usually discuss the Balkans as a region. The term has acquired a stigmatized and pejorative meaning related to the process of Balkanization, and hence the preferred alternative term used for the region is Southeast Europe.
Tags:
balkan, balkan gdp, yugoslavia gdp, romania gdp, greek gdp, serbia gdp, balkan statistic, balkan countries, serbia, montenegro, macedonia, bulgaria, slovenia, greece, romania, albania, croatia, bosnia,
https://wn.com/The_Richest_Balkan_Countries_By_Gdp_(1980_2024)
Note: In this Balkan Video, we don't include Italy and Turkey because their territory in the Balkan is very small.
The Balkans also known as the Balkan Peninsula, is a geographic area in Southeast Europe with various definitions and meanings, including geopolitical and historical. The region takes its name from the Balkan Mountains that stretch throughout the whole of Bulgaria from the Serbian–Bulgarian border to the Black Sea coast. The Balkan Peninsula is bordered by the Adriatic Sea in the northwest, the Ionian Sea in the southwest, the Aegean Sea in the south, the Turkish Straits in the east, and the Black Sea in the northeast. The northern border of the peninsula is variously defined. The highest point of the Balkans is Mount Musala, 2,925 metres (9,596 ft), in the Rila mountain range, Bulgaria.
The concept of the Balkan Peninsula was created by the German geographer August Zeune in 1808, who mistakenly considered the Balkan Mountains the dominant mountain system of Southeast Europe spanning from the Adriatic Sea to the Black Sea. The term of Balkan Peninsula was a synonym for Rumelia (European Turkey) in the 19th century, the former provinces of the Ottoman Empire in Southeast Europe.
It had a geopolitical rather than a geographical definition, further promoted during the creation of the Kingdom of Yugoslavia in the early 20th century. The definition of the Balkan Peninsula's natural borders do not coincide with the technical definition of a peninsula and hence modern geographers reject the idea of a Balkan peninsula, while scholars usually discuss the Balkans as a region. The term has acquired a stigmatized and pejorative meaning related to the process of Balkanization, and hence the preferred alternative term used for the region is Southeast Europe.
Tags:
balkan, balkan gdp, yugoslavia gdp, romania gdp, greek gdp, serbia gdp, balkan statistic, balkan countries, serbia, montenegro, macedonia, bulgaria, slovenia, greece, romania, albania, croatia, bosnia,
- published: 09 Jul 2020
- views: 415760
4:36
What is Gross Domestic Product (GDP)?
Picture the economy as a giant supermarket, with billions of goods and services inside. At...
published: 18 Nov 2015
What is Gross Domestic Product (GDP)?
What is Gross Domestic Product (GDP)?
- Report rights infringement
- published: 18 Nov 2015
- views: 1163796
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?
The cashier is computing a very important number: gross domestic product, or GDP.
GDP is the market value of all finished goods and services, produced within a country in a year.
But, what does "market value" mean? And what defines a "finished good"?
These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour.
In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way.
Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?”
Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute.
So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP.
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Next video: https://bit.ly/2UHwvoV
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4:11
What is GDP? | CNBC Explains
It’s the king of economic statistics. Gross domestic product is an important tool to measu...
published: 26 Sep 2018
What is GDP? | CNBC Explains
What is GDP? | CNBC Explains
- Report rights infringement
- published: 26 Sep 2018
- views: 955313
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture. So how does GDP work? CNBC’s Elizabeth Schulze explains.
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6:17
Top 20 Country GDP (PPP) History & Projection (1800-2040)
This video shows the Top 20 countries with highest GDP PPP from 1800 to 2040 based on 2011...
published: 06 May 2019
Top 20 Country GDP (PPP) History & Projection (1800-2040)
Top 20 Country GDP (PPP) History & Projection (1800-2040)
- Report rights infringement
- published: 06 May 2019
- views: 6778799
This video shows the Top 20 countries with highest GDP PPP from 1800 to 2040 based on 2011 international dollars. It gives a brief history of the world since the 1800s. China and India were ahead before the 1900s while the US started leading after the 20th century.
Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power.
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9:25
GDP and the Circular Flow- Macro Topic 2.1
In this episode I explain the Gross Domestic Product (GDP), the three ways it is calculate...
published: 11 Sep 2019
GDP and the Circular Flow- Macro Topic 2.1
GDP and the Circular Flow- Macro Topic 2.1
- Report rights infringement
- published: 11 Sep 2019
- views: 189681
In this episode I explain the Gross Domestic Product (GDP), the three ways it is calculated, and connect it to the financial sector. I also explain how George Washington's death is similar to the Great Depression. Weird huh? Thanks for watching.
The answers to the multiple-choice questions are below:
1. A
2. C
3. D
4. C
How to download the Circular Flow and GDP Practice Sheet
Step 1: Go to: https://acdcecon.thinkific.com
Step 2: Create a free account
Step 3: Enroll in the free version of the MACROeconomics packet (either AP or College)
Step 4: Go to Unit 2- "Circular Flow and GDP Practice Sheet (with answers)"
Step 5: Download the PDF, fill it out, and check your answers
*Note* Teachers- Do not print the practice sheet and give it to your students. This is NOT for in-class use. If you are interested in getting worksheets for your class, please go to my website: https://www.acdcecon.com/bulk-discount
Circular Flow Video- https://youtu.be/mN5HPJYJzus
Econmovies Cars Video- https://youtu.be/KZaB1U3k0j8
9:04
Top 15 Countries By GDP (1600-2019)
This video will compare the top 15 countries by GDP Nominal from 1600-2019.
Here's the upd...
published: 28 Dec 2019
Top 15 Countries By GDP (1600-2019)
Top 15 Countries By GDP (1600-2019)
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- published: 28 Dec 2019
- views: 3299650
This video will compare the top 15 countries by GDP Nominal from 1600-2019.
Here's the updated version of this video: https://youtu.be/0EWWXQA9D48
Music: Egmont Overture by Beethoven - Kevin Macleod
1:47
What Is GDP?
What is GDP and why should you even care? Find out in 2 minutes!
Host: Wala'a El Barasse
published: 21 Aug 2017
What Is GDP?
What Is GDP?
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- published: 21 Aug 2017
- views: 958322
What is GDP and why should you even care? Find out in 2 minutes!
Host: Wala'a El Barasse
17:37
Why GDP Is Overrated & Nobody Should Care About It!
Sign-up for Acorns! 👉 https://acorns.com/ee?s2=GDP3 (upon registration, Acorns will deposi...
published: 24 Sep 2020
Why GDP Is Overrated & Nobody Should Care About It!
Why GDP Is Overrated & Nobody Should Care About It!
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- published: 24 Sep 2020
- views: 274948
Sign-up for Acorns! 👉 https://acorns.com/ee?s2=GDP3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!)
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GDP is one of the most universally recognized terms in economics. Even outside people with an interest in the subject most adults would be able to tell you that GDP is a measure of how large an economy is.
They might not be able to tell you how it’s calculated or even what it stands for but they would get at least that part right.
And you know what, that’s probably all they need to know, it might be all economists need to know about the figure, because it might be the extent of what this figure can tell us.
Gross Domestic Product is a measurement of production in an economy, the idea is that the more stuff that is being created and transacted the wealthier the economy is and while this isn’t necessarily wrong it’s not the whole story.
The tachometer is a measurement of your car’s performance. Higher revs on the dial, normally mean your car is going faster, but there is actually no way to know without other information, like if that car is in gear or even if that car has wheels on.
This might be a bit of a rough analogy but in a world where people are becoming hyper-focused on GDP figures and what they mean for everybody amidst the chaos of 2020, it’s important to remember to check the other indicators.
Something to keep in mind amongst all of this is that GDP is a macro-economic measure, it looks at the whole economy as an aggregate or a total collective.
Sure the figures might not look great, but ask yourselves watching, did your lifestyle become 33% worse when a 33% drop in GDP was recorded?
For most of you watching I would imagine the answer is no, which might start to raise some eyebrows as to just how useful this measure is at telling economists what's really going on in the nations they are studying.
So ...
What are the limitations of GDP?
Are there better figures to look at to get an idea of how prosperous an economy is?
And how could focus on something outside of pure productive capacity be good for our economy?
#Economics #GDP #NetWorth
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25:37
क्या होती है GDP और इसके गिरने का आप पर क्या होता है असर ? | GDP | GNP | NNP | NDP | PPP
#Grossdomesticproducteconomics #Grossdomesticproductinhindi #Product #Domestic #Gross, #Gr...
published: 13 Jul 2020
क्या होती है GDP और इसके गिरने का आप पर क्या होता है असर ? | GDP | GNP | NNP | NDP | PPP
क्या होती है GDP और इसके गिरने का आप पर क्या होता है असर ? | GDP | GNP | NNP | NDP | PPP
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- published: 13 Jul 2020
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#Grossdomesticproducteconomics #Grossdomesticproductinhindi #Product #Domestic #Gross, #Grossdomesticproduct #Grossnationalproductexplained #Product #National #Gross #Grossnationalproduct #Netnationalproductinhindi #Product #National #Net #Netnationalproduct #Grossnationalproductinurdu #Netdomesticproductexplained #Netdomesticproductinhindi #Netdomesticproduct #Goodsandservicesinhindi #Goodsandservices #Goodsandservice #Service #And #Goods #typesofgdp
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4:58
Components of GDP | GDP: Measuring national income | Macroeconomics | Khan Academy
Thinking about how different types of expenditures would be accounted for in GDP
Watch th...
published: 04 Feb 2012
Components of GDP | GDP: Measuring national income | Macroeconomics | Khan Academy
Components of GDP | GDP: Measuring national income | Macroeconomics | Khan Academy
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- published: 04 Feb 2012
- views: 456131
Thinking about how different types of expenditures would be accounted for in GDP
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/examples-of-accounting-for-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/income-and-expenditure-views-of-gdp?utm_source=YT&utm;_medium=Desc&utm;_campaign=macroeconomics
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5:50
The Richest Balkan Countries by GDP (1980 - 2024)
Note: In this Balkan Video, we don't include Italy and Turkey because their territory in t...
published: 09 Jul 2020
The Richest Balkan Countries by GDP (1980 - 2024)
The Richest Balkan Countries by GDP (1980 - 2024)
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- published: 09 Jul 2020
- views: 415760
Note: In this Balkan Video, we don't include Italy and Turkey because their territory in the Balkan is very small.
The Balkans also known as the Balkan Peninsula, is a geographic area in Southeast Europe with various definitions and meanings, including geopolitical and historical. The region takes its name from the Balkan Mountains that stretch throughout the whole of Bulgaria from the Serbian–Bulgarian border to the Black Sea coast. The Balkan Peninsula is bordered by the Adriatic Sea in the northwest, the Ionian Sea in the southwest, the Aegean Sea in the south, the Turkish Straits in the east, and the Black Sea in the northeast. The northern border of the peninsula is variously defined. The highest point of the Balkans is Mount Musala, 2,925 metres (9,596 ft), in the Rila mountain range, Bulgaria.
The concept of the Balkan Peninsula was created by the German geographer August Zeune in 1808, who mistakenly considered the Balkan Mountains the dominant mountain system of Southeast Europe spanning from the Adriatic Sea to the Black Sea. The term of Balkan Peninsula was a synonym for Rumelia (European Turkey) in the 19th century, the former provinces of the Ottoman Empire in Southeast Europe.
It had a geopolitical rather than a geographical definition, further promoted during the creation of the Kingdom of Yugoslavia in the early 20th century. The definition of the Balkan Peninsula's natural borders do not coincide with the technical definition of a peninsula and hence modern geographers reject the idea of a Balkan peninsula, while scholars usually discuss the Balkans as a region. The term has acquired a stigmatized and pejorative meaning related to the process of Balkanization, and hence the preferred alternative term used for the region is Southeast Europe.
Tags:
balkan, balkan gdp, yugoslavia gdp, romania gdp, greek gdp, serbia gdp, balkan statistic, balkan countries, serbia, montenegro, macedonia, bulgaria, slovenia, greece, romania, albania, croatia, bosnia,
Gross domestic product
Gross domestic product (GDP) is a monetary measure of the value of all final goods and services produced in a period (quarterly or yearly). Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Nominal GDP however do not reflect differences in the cost of living and the inflation rates of the countries; therefore using a GDP PPP per capita basis is arguably more useful when comparing differences in living standards between nations.
GDP is not a complete measure of economic activity. It accounts for final output or value added at each stage of production, but not total output or total sales along the entire production process. It deliberately leaves out business-to-business (B2B) transactions in the early and intermediate stages of production, as well as sales of used goods. In the United States, the Bureau of Economic Analysis (BEA) has introduced a new quarterly statistic called gross output (GO), a broader measure that attempts to add up total sales or revenues at all stages of production.Mark Skousen was the first economist to advocate GO as an important macroeconomic tool. Other countries are following suit, such as the United Kingdom, which now producing an annual statistic called Total Output.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Gross_domestic_product
What is Gross Domestic Product (GDP)?...
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Top 15 Countries By GDP (1600-2019)...
What Is GDP?...
Why GDP Is Overrated & Nobody Should Care About It...
क्या होती है GDP और इसके गिरने का आप पर क्या होता ...
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Gdp
We are born to earn, they are waiting us to serve
We will be part of the machines raising the GDP
LEader ruling our world are unable to learn
Social health, eating wellbeing to death
Insane leaders, insane rules
Invented system in the government
Slavery is pushed down our throats
Approved lies
Lies!
Living up to the social rule book, it gives your life away
Join this army of fools, retire in misery
Rules by our leaders (are) fed to us since we were born
This system is the only accepted way to live until we die
We are born to learn how to earn, they are waiting us to serve
We will be part of the machine raising the GDP
Leaders ruling our world are unable to learn
Social health, eating wellbeing to death
Insane leaders, insane rules
Invented system in the government
Slavery is pushed down our throats
Approved lies
Invented rules, invented leaders
Are fed to our minds Since we were born
Until we die
Until we choke
Rules are being pushed
Latest News for: gdp
Edit
Indonesia's GDP growth set to slow in Q3 as COVID-19 curbs bite: Reuters poll
<a href=""reuters.//realtime/verb=Open/url=cpurl.//apps.cp./Apps/econ-polls?RIC=IDGDP%3DECI" poll data"></a>Q3 GDP predicted at 3.76% y/y, vs 7.07% in Q2 (Govt f'cast Q3 growth at 4.5%)Data due on Friday, Nov ... Forecasts in the poll for gross domestic product (GDP) growth, due to be released on Nov.
Edit
Indonesia’s GDP growth set to slow in Q3 as COVID-19 curbs bite – Reuters poll
If realised, it would also be well below the latest government forecast https.//www.reuters.com/world/asia-pacific/official-update-1-indonesia-sees-q3-gdp-growth-45-yy-warns-future-headwinds-2021-10-25 for the third-quarter growth of 4.5%. Forecasts in the poll for gross domestic product (GDP) growth, due to be released on Nov.
Edit
Moody's Analytics lifts 2022 GDP growth forecast for Malaysia to 5 pct
Moody's Analytics lifts 2022 GDP growth forecast for Malaysia to 5 pct ... the country's gross domestic product (GDP).
Edit
Digital connectivity upgrade could boost UK GDP by GBP 70 bln by 2026 - Virgin
Investment in UK full-fibre and ...
Edit
Insurance expands contribution to GDP
The pandemic has pushed more Filipinos to hike their savings, with insurance coverage becoming a top priority since last year ... .
Edit
Digital connectivity investment could unlock 500,000 jobs, £70bn of GDP growth by 2026
Edit
Why indigenous construction firms need govt’s backing —Runsewe
The Nigerian construction industry is said to be doing well with significant contribution to the country’s GDP. Yet, indigenous operators’ performance remains sub-optimal. TEMITOPE RUNSEWE, MD/CEO, Dutum Company, in this interview with CHUKA UROKO, explains why the industry is skewed in favour of foreign firms ... Excerpts ... Read also ... .
Edit
Stagflation Concerns Split Wall Street as US Economy Slows
News Analysis Wall Street is split on the U.S. economy possibly facing a stagflation threat in the post-pandemic recovery ... Bank of America Global Research recently declared that "stagflation is here."
Edit
US GDP Set To Re-Accelerate After 3Q Delta Hit
This leaves the level of US GDP 1.4% higher than before .
Edit
Over 5% GDP expansion in H2 needed to meet growth target
The economy would have to expand by over five percent in the third and fourth quarters for the government to achieve its growth target for the year, finance officials said ... .
Edit
Japanese Prime Minister Accepts Possibility of Allocating 2% of GDP for Defense Budget
Japanese Prime Minister Fumio Kishida accepted the possibility of allocating 2% of the country's GDP to the defense budget in the future after securing a parliamentary majority over the weekend ... to increase the country's defense budget from 1% of GDP to 2% in its party platform.
Edit
Shanghai tops Chinese cities with record GDP for Jan-Sept
Shanghai takes the crown among Chinese cities with a record GDP in the first three quarters of this year of 3.09 trillion yuan ($482 billion), representing an increase of 9.8 percent year-on-year, news portal Sohu reported on Friday ... Three cities' GDP surpassed 2 trillion yuan, ...
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