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Gross national product gdp - PowerPoint PPT Presentation

MACROECONOMICS IMI612S

MACROECONOMICS IMI612S. At the end of this unit, you should be able to: Explain the meaning of an economic aggregate Assess the problems involved in aggregation Define the terms national product, national expenditure, national income, consumption, saving and investment. Introduction.

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To analyze an economy: some starting points

To analyze an economy: some starting points. Simple indicators Gross National Product Balance of Payments. GDP Growth Unemployment Inflation Interest rates Exchange rate Balance of Payments Economic policy. Development Welfare Quality of life Income distribution Rule of law

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Gross national product gdp - PowerPoint PPT Presentation

MACROECONOMICS IMI612S

To analyze an economy: some starting points