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What is Gross Domestic Product (GDP)?
 
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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/1R1PL5x Ask a question about the video: http://bit.ly/1p4ZtxL Next video: http://bit.ly/1mY2bn0 Help us caption & translate this video! http://amara.org/v/HZv3/
What Is GDP?
 
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What is GDP and why should you even care? Find out in 2 minutes! Host: Wala'a El Barasse
Views: 533099 IMF
Macro Unit 2.1- GDP and Economic Growth
 
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In this short video I explain GDP, the components of GDP, and what is not included in the Gross Domestic Product. Thanks for watching, please subscribe If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji
Views: 409284 Jacob Clifford
Gross Domestic Product – Economic Lowdown, Ep. 7
 
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GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living. Instructors, learn more at https://www.stlouisfed.org/education/economic-lowdown-video-series/episode-7-gross-domestic-product
WHAT IS GDP ?? IN HINDI EXPLAINED
 
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HELLO FREINDS..Is video me hum dekhenge ki GDP ( Gross Domestic Product ) qa hota h. aur kaise koi country apna gdp calculate krti h . asha hai aapko video pasand ayega. Mutual funds,Banking,Finance se related info k liye SUBSCRIBE kijiye. Facebook: https://www.facebook.com/MARKETMAESTROO
Views: 239997 Market Maestroo
What is GDP? | CNBC Explains
 
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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
Views: 175465 CNBC International
Top 15 Countries by GDP (1970-2017)
 
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Top 15 Countries by Gross Domestic Product (1970-2017) Datasource: UNdata - http://data.un.org/ Music: "Electro Cabello" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/
Views: 2287130 TheRankings
The Gross Domestic Product (GDP) and Government Revenue Explained in One Minute
 
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A one-minute video which explains what the Gross Domestic Product (GDP) is, what government revenue is and why people frequently confuse the two terms. Please like, comment and subscribe if you've enjoyed the video. To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message. Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to [email protected], any and all support is greatly appreciated! Oh and I've also started playing around with Patreon, my link is: https://www.patreon.com/oneminuteeconomics Interested in reading a good book? My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below: Amazon - https://www.amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK Barnes & Noble - http://www.barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942 iBooks (Apple) - https://itun.es/us/wYSveb.l Kobo - https://store.kobobooks.com/en-us/ebook/wealth-management-2-0 My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below. Amazon - https://www.amazon.com/Age-Anomaly-Spotting-Financial-Uncertainty-ebook/dp/B078SYL5YS Barnes & Noble - https://www.barnesandnoble.com/w/the-age-of-anomaly-andrei-polgar/1127084693?ean=2940155383970 iBooks (Apple) - https://itunes.apple.com/us/book/age-anomaly-spotting-financial-storms-in-sea-uncertainty/id1331704265 Kobo - https://www.kobo.com/ww/en/ebook/the-age-of-anomaly-spotting-financial-storms-in-a-sea-of-uncertainty Last but not least, if you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeconomics https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-polgar-9a11a561
Views: 42319 One Minute Economics
Draw Me The Economy: What is gross domestic product?
 
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Vidéo conçue et réalisée par http://www.sydo.fr Draw Me The Economy is a series of videos explaining the economic news, without political bias. It is a tool offered to all to aid understanding, thanks to the drawings of economic concepts that are part of our daily lives. http://www.drawmetheeconomy.com
Views: 9879 Dessine-moi l'éco
GDP explained | What is GDP? | How is GDP calculated? | Income vs Expenditure Approach
 
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What is GDP (Gross Domestic Product) -- GDP is the total monetary value of the final goods and services produced within the geographical boundaries of a country in a given period of time. For a more detailed explanation of the terms: GROSS: The depreciation in the capital assets of the country, occurred during the year is inclusive. This means, the monetary value of loss of assets due to production activities had not been deducted. If we do deduct it, it becomes NET. DOMESTIC: Domestic implies, produced within the geographical boundaries. It does not take into account the country's earning outside its geographical boundaries, or foreign remittances. Neither does it deduct transfers outside of the country. If these remittances are added and the transfers deducted, the value becomes NATIONAL. PRODUCT: The final goods and services. Final implies that intermediate goods are not taken into account. For example, wheat sold for final consumption to consumers will be taken into account, but the amount of wheat sold to bakeries for further production of bread will not be added. The value of bread will be taken into account which will be inclusive of the value of its input: wheat. This is done to avoid double counting. Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/InvestYadnya Facebook Group - https://goo.gl/y57Qcr Twitter - https://www.twitter.com/InvestYadnya
Calculating Gross Domestic Product
 
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This video explains how to calculate Gross Domestic Product mathematically and goes through a numerical example. It also shows how to calculate the percentage change in GDP from year to year. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter: http://www.twitter.com/jodiecongirl Tumblr: http://economistsdoitwithmodels.tumblr.com
Views: 173874 jodiecongirl
Components of GDP | GDP: Measuring national income | Macroeconomics | Khan Academy
 
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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
Views: 344126 Khan Academy
What is GDP ? - Basic Concept (Urdu)
 
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GDP is a very handy method of identifying a country's growth and economic condition. This term is widely used on TV, Social media, radio, NEWS papers and especially used by our politicians. However, a huge number of people still do not understand GDP. In this video I have tried to explain this concept in a basic and simplified manner. Link for Appendix video: https://youtu.be/gboZFvM2HYI I have taken references from the following sources: -https://en.wikipedia.org/wiki/Gross_domestic_product -https://en.wikipedia.org/wiki/Simon_Kuznets -https://www.thesolutionsjournal.com/article/a-short-history-of-gdp-moving-towards-better-measures-of-human-well-being/ -https://www.youtube.com/watch?v=rGqhTQyY6g4 Background Music: Cool Ride by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://audionautix.com/
Views: 110238 Random Guy
Nominal vs. Real GDP
 
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"Are you better off today than you were 4 years ago? What about 40 years ago?" These sorts of questions invite a different kind of query: what exactly do we mean, when we say “better off?” And more importantly, how do we know if we’re better off or not? To those questions, there’s one figure that can shed at least a partial light: real GDP. In the previous video, you learned about how to compute GDP. But what you learned to compute was a very particular kind: the nominal GDP, which isn’t adjusted for inflation, and doesn’t account for increases in the population. A lack of these controls produces a kind of mirage. For example, compare the US nominal GDP in 1950. It was roughly $320 billion. Pretty good, right? Now compare that with 2015’s nominal GDP: over $17 trillion. That’s 55 times bigger than in 1950! But wait. Prices have also increased since 1950. A loaf of bread, which used to cost a dime, now costs a couple dollars. Think back to how GDP is computed. Do you see how price increases impact GDP? When prices go up, nominal GDP might go up, even if there hasn’t been any real growth in the production of goods and services. Not to mention, the US population has also increased since 1950. As we said before: without proper controls in place, even if you know how to compute for nominal GDP, all you get is a mirage. So, how do you calculate real GDP? That’s what you’ll learn today. In this video, we’ll walk you through the factors that go into the computation of real GDP. We’ll show you how to distinguish between nominal GDP, which can balloon via rising prices, and real GDP—a figure built on the production of either more goods and services, or more valuable kinds of them. This way, you’ll learn to distinguish between inflation-driven GDP, and improvement-driven GDP. Oh, and we’ll also show you a handy little tool named FRED — the Federal Reserve Economic Data website. FRED will help you study how real GDP has changed over the years. It’ll show you what it looks like during healthy times, and during recessions. FRED will help you answer the question, “If prices hadn’t changed, how much would GDP truly have increased?” FRED will also show you how to account for population, by helping you compute a key figure: real GDP per capita. Once you learn all this, not only will you see past the the nominal GDP-mirage, but you’ll also get an idea of how to answer our central question: "Are we better off than we were all those years ago?" Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/24pzD7X Next video: http://bit.ly/1TGgR8r Help us caption & translate this video! http://amara.org/v/H0PX/
What is Gross Domestic Product (GDP)?
 
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This video defines the value-added GDP and details how it is measured. Transcript: http://www.statcan.gc.ca/eng/sc/video/gdp
Views: 45479 Statistics Canada
Gross domestic product (GDP) Comparison
 
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Comparison of money by countries in US dollars. Not all countries, only some. Source: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) ---My websites----- -Blog: http://alvarograciamontoya.blogspot.com.es/2017/01/producto-interno-bruto-pib-comparacion.html -Facebook: https://www.facebook.com/metaballstudios/
Views: 1064779 MetaBallStudios
What The Heck Is GDP?
 
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GDP, GNP – what does it all mean? Jonathan explains what economists mean when they bring up these common economic indicators. Learn more at HowStuffWorks.com: http://money.howstuffworks.com/gross-national-happiness.htm Share on Facebook: Share on Twitter: Subscribe: http://goo.gl/ZYI7Gt Visit our site: http://www.brainstuffshow.com OK, let’s say you’ve just gotten a job offer to work in the majestic country of Bumpsylvania. Awesome, right? You’ve always wanted to live amongst the scenic Bumpsylvanian swamplands and hear the local ghost toads sing their famous mating screech. But before you pony up the $549.95 for Rosetta Stone: Bumpsylvanian Edition, you want to do a little research on the economic health of this country. So you ask your friend the economics professor: How is the economy of Bumpsylvania doing these days? One number that will almost definitely figure into her reply is the country’s GDP. This stands for Gross Domestic Product. GDP is a common measure that’s used to roughly represent the size of a country’s economy. The way you calculate GDP is both simple as a general principle, and complicated in the details. The simple version is that GDP is the value of all the goods and services produced within a country in a given period of time, such as a financial quarter or a year. So if we look at Bumpsylvania, we can calculate its yearly GDP by adding up the dollar-value of all the stuff it creates: All the pork sandwiches, shoe shines, fashion magazines, bullets, massages, motorcycles, jiu-jitsu classes, ghost toad swamp tours, and, of course, traditional, Bumpsylvanian-style wooden hats. Every item, product or service brought to market by workers or other economic resources located inside the country in that year is part of the GDP. Coming up with this figure is not as easy as it sounds. GDP is actually a highly complex and abstract statistical instrument that takes some real work to calculate. Just one example of the many complications: Let’s say somebody cuts down some swamp trees and turns those trees into lumber, and then sells that lumber to a haberdasher who turns it into a traditional, Bumpsylvanian-style wooden hat. Do you count the sales of both the lumber _and_ the hat? Well, no, because GDP is a measure of the final value of goods and services. So if you counted the sale of the wood to the hat-maker and the sale of the hat, you’d be counting the same value twice. The value of the wood gets wrapped into the final value of that gorgeous, gorgeous headgear. GDP is probably the most important measure of the size and performance of an economy, but it’s not the only one. There’s also GNP, which is related, but slightly different. GNP stands for gross national product. The difference is that GNP is the value of all the products and services produced by a country’s residents, even if production takes place outside of the country. So if a Bumpsylvanian business has a factory making wooden hats in another country, the output of that factory would be included in Bumpsylvania’s GNP, but not its GDP. While GDP is a widely used indicator of economic strength, many critics point out that it’s not necessarily the best indicator of the “real” health of a nation. For example, a country with a large, growing GDP might look strong on paper, but what if that number is masking vast income inequality – a productive economy based on huge amounts of low-wage labor? Of course by comparing GDP with other pieces of data, you can do more with the figure. A simple example would be comparing GDP with population to come up with Per Capita GDP (which means economic value per person). So for example, according to the World Bank, in 2013, China’s GDP was a massive $9.2 trillion. Compare that to Luxembourg’s relatively small GDP of $60 billion. Yet in the same year, China’s GDP Per Capita was only about $6,800, while Luxembourg’s was more than 16 times that, at about $110,000. So while China’s economy is certainly much larger, it looks like each individual citizen, on average, is better off in Luxembourg. Financially speaking, that is. SOURCES: http://www.britannica.com/EBchecked/topic/246663/gross-national-product-GNP http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm http://www.britannica.com/EBchecked/topic/246647/gross-domestic-product-GDP http://money.howstuffworks.com/gross-national-happiness.htm/printable http://www.nytimes.com/2013/10/05/world/asia/index-of-happiness-bhutans-new-leader-prefers-more-concrete-goals.html?_r=0 https://books.google.com/books?id=V5IpAgAAQBAJ&printsec=frontcover&dq=how+to+calculate+gnp&hl=en&sa=X&ei=QlVyVZH1CJKFyQTo-4D4CQ&ved=0CDYQ6AEwAg#v=onepage&q=how%20to%20calculate%20gnp&f=false http://data.worldbank.org/indicator/NY.GDP.MKTP.CD http://data.worldbank.org/indicator/NY.GDP.PCAP.CD http://www.factcheck.org/2008/02/gdp-vs-gnp/
Real GDP and nominal GDP | GDP: Measuring national income | Macroeconomics | Khan Academy
 
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Using real GDP as a measure of actual productivity growth Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/real-nominal-gdp-tutorial/v/gdp-deflator?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/examples-of-accounting-for-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
Views: 521611 Khan Academy
Chapter 23 Gross Domestic Product (GDP)
 
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Using the slides from Mankiw's "Principles of Economics" textbook
Views: 4779 T M Tonmoy Islam
What is GDP ? | How to calculate GDP ?? Hindi Explained.
 
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What is GDP ? | How to calculete GDP ?? Hindi Explained. Hello Friends.... This video is for Basics of GDP, Easy to understand hope you like. Please share this knowlage with your friends. ** Got Copyright on my #Vlog7 !! Link :- https://www.youtube.com/watch?v=wh4QaWd0ZDM Copyright Vlog Link : https://www.youtube.com/watch?v=hUoHC... Gears I Used for this Videos & Other Best buy Links. 1. Tripod :http://amzn.to/2nHXJ03 2. Mini Tripod : http://amzn.to/2nHWXjs 3. Mobile Camera : http://amzn.to/2mMw12R, http://amzn.to/2nI2ir9 4. Best Buy Links For Camera : http://amzn.to/2mMBW89 5. 32 GB Memory Card : http://amzn.to/2neLWmR 6. My Selfie Stick : http://amzn.to/2nI61VF #vlog 3 | New Logo Risinginfo | Google Adsence Link : Benefits of Cashless Economy : https://www.youtube.com/watch?v=IGlaX... 1st Vlog Celebration of Ganesh Chaturthi #RisingInfo https://www.youtube.com/watch?v=CrzcU... Thank you for watching. Share my videos with your friends, to get update please subscribe now, ▷ CONNECT with us!! : Web Site ♥ Subscribe : http://www.youtube.com/c/RisingInfo ♥ Facebook : https://goo.gl/1p38so ♥ Twitter : https://twitter.com/RisingInfoKittu ♥ Instagram : https://www.instagram.com/risinginfo/ ♥ Google + : https://plus.google.com/u/0/+RisingInfo ♥ BUSINESS INQUIRY ♥ [email protected] DISCLAIMER: The information provided on this channel and its videos is for general purposes only and should NOT be considered as professional advice. We always try our best to provide accurate information and sound advice but please note that we are not a licensed professional or a medical practitioner so always make sure you consult a professional in case of need. All products/services reviewed on this channel have been purchased by me unless stated otherwise. We always try to keep our channel and its content updated but we cannot guarantee it. All opinions expressed here are our own and we are not compensated by any brand, advertiser, PR representative or affiliate for the same unless explicitly stated in our videos and/or description box. We never try to push products on anyone but we do make recommendations based on our personal experience. In case you need to use our content for any purpose please write to us -: [email protected]
Views: 109660 RisingInfo
Macroeconomics: Crash Course Economics #5
 
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This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1277334 CrashCourse
Fundamentals of Macroeconomics Unit:  The Difference Between GDP vs. GNP
 
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Your IB Economics Course Companion! This is video 5 of 12 videos in "The Fundamentals of Macroeconomics Series". Watch the entire series right here: https://www.youtube.com/playlist?list=PLNI2Up0JUWkG6AmW4E2YNV_hBP0AVuw4v As a teacher of IB Economics in Santiago, Chile, these videos were created to help students navigate their way through their two-year course of study. I have made these videos public in the hope that they might be helpful to other Economics students around the world. Check out all of the Macroeconomic playlists… Fundamentals of Macroeconomics Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkG6AmW4E2YNV_hBP0AVuw4v Aggregate Demand and Aggregate Supply Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkGyyUCGXdTWNgfkKJ9_0l6q Macroeconomic Equilibrium Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkGZBoaxdZHC9mokrwtXT4Xg Low Unemployment Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkFCxtc5-8q_AJseZFYbVeA4 Low and Stable Rate of Inflation Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkGfCtnjSTIPQhZkZxzZM2Pf Economic Growth Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkFxkSsb8p3fCrx0Z3i59REX Equity in the Distribution of Income Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkEFqlgvMNOhJ3pei2zXyuhD Fiscal Policy Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkGCPnKi4Er5FH8s_SV_WXH3 Monetary Policy Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkFCISVn47ZJzL7qx291zlS7 Supply-Side Policies Series https://www.youtube.com/playlist?list=PLNI2Up0JUWkGczuu4Frzrw9oBgp2GU4e5 Enjoy! Brad Cartwright . Follow on Twitter: IB Specific News and Analysis Daily! https://twitter.com/econ_ib . Follow on Instagram: https://www.instagram.com/econcoursecompanion/ Support Econ Course Companion: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=CQS377QG4VM4G&source=url
Views: 68667 Econ Course Companion
What is the gross domestic product (GDP)? | Made in Germany
 
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The gross domestic product is the ultimate yardstick of a country’s economy. An increase means companies are making profits and the economy is growing. But if there's negative economic growth for two consecutive quarters, however, it’s recession time. This is why all eyes and ears are on the business gurus and their forecasts for the GDP. More Made in Germany on: http://www.dw.de/program/made-in-germany/s-3066-9798
Views: 23821 DW News
Robert F. Kennedy challenges Gross Domestic Product
 
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Forty years ago, Robert F. Kennedy challenged the basic way we measure progress and well-being in America. Today, the Glaser Progress Foundation is raising the same questions through a new medium. The Seattle-based foundation released a new web video marking the anniversary of a famous speech in which Kennedy said the Gross Domestic Product counts "everything, in short, except that which makes life worthwhile."
Views: 229174 ipyramid
National income - GDP GNP NDP NNP Explained - Indian Economy Part 11 - Concepts of Macro Economics
 
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#Pendrive_Courses for Various Govt. Exams. Click here to know more - https://goo.gl/aTFK6Q or #Call_9580048004 UPSCIQ - A Magazine for UPSC IAS Aspirant http://bit.ly/2DH1ZWq Download All Videos PDFs - https://goo.gl/X8UMwF || Join #StudyIQ on Telegram - https://goo.gl/xBR3g8 UPSC/CSE 2019 - https://goo.gl/UrCD46 SSC & Bank - https://goo.gl/9LQ4Ai UPSC Optionals - https://goo.gl/rtmXRU State PSCs - https://goo.gl/FDB32q Defence Exams - https://goo.gl/UEmtRz SSC JE Exams - https://goo.gl/2WyU1Z RBI Grade B - https://goo.gl/PY32m6 NABARD Grade A - https://goo.gl/C6CzAL DMRC Exams - https://goo.gl/yDnvyf Insurance Exams - https://goo.gl/iLEFxf CLAT 2019 - https://goo.gl/Burjtj Railway Jobs - https://goo.gl/5KaL7h Teaching Jobs - https://goo.gl/q117TX UPSC Prelim 2019Test Series -https://goo.gl/zkCG51 Free PDFs - https://goo.gl/cJufZc || Free Quiz - https://goo.gl/wCxZsy || Free Video Courses - https://goo.gl/jtMKP9" Follow us on Facebook - https://goo.gl/iAhPDJ Telegram - https://t.me/Studyiqeducation The Hindu Editorial Analysis - https://goo.gl/vmvHjG Current Affairs by Dr Gaurav Garg - https://goo.gl/bqfkXe UPSC/IAS Burning Issues analysis- https://goo.gl/2NG7vP World History for UPSC - https://goo.gl/J7DLXv Indian History - https://goo.gl/kVwB79 Follow us on Facebook - https://goo.gl/iAhPDJ Follow Dr Gaurav Garg on Facebook - https://goo.gl/xqLaQm UPSC/IAS past papers questions - https://goo.gl/F5gyWH SSC CGL + IBPS Quantitative tricks - https://goo.gl/C6d9n8 English Vocabulary - https://goo.gl/G9e04H Reasoning tricks for Bank PO + SSC CGL- https://goo.gl/a68WRN Error spotting / Sentence correction https://goo.gl/6RbdjC Static GK complete- https://goo.gl/kB0uAo Complete GK + Current Affairs for all exams- https://goo.gl/MKEoLy World History - UPSC / IAS - https://goo.gl/kwU9jC Learn English for SSC CGL, Bank PO https://goo.gl/MoL2it Science and Technology for UPSC/IAS - https://goo.gl/Jm4h8j Philosophy for UPSC/IAS - https://goo.gl/FH9p3n Yojana Magazine analysis -https://goo.gl/8oK1gy History for SSC CGL + Railways NTPC - https://goo.gl/7939eV
Views: 250122 Study IQ education
#55, GDP and welfare, current and constant price, deflector etc (Class 12 macroeconomics)
 
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Class 12 macroeconomics.... GDP and welfare..... National income at current and constant price.... GDP at current and constant price.... Contact for my book 7690041256 Economics on your tips video 55 Our books are now available on Amazon Special Combo - Economics on your tips Micro + Macro http://amzn.in/d/eSxj5Ui Economics on your tips Macroeconomics http://amzn.in/d/2AMX85O Economics on your tips Microeconomics http://amzn.in/d/cZykZVK Official series of playlists UG courses ( bcom, bba, bca, ba, honours) – https://www.youtube.com/playlist?list=PLgC10_Xv-BGirAqOr-hU8e-N_Nz0UpgJ- Micro economics complete course – https://www.youtube.com/playlist?list=PLgC10_Xv-BGg5n3YU6oEV7_HIzBuEbbOz Macro economics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGg2ORORpILqiDR1gyH3MkXw Statistics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGjrAkDyeMioJ7DEexAEeVdt National income – https://www.youtube.com/playlist?list=PLgC10_Xv-BGjpE-1V4uz_0wvvbZQnSsj_ In order to promote us and help us grow Paytm on - 7690041256
Views: 176949 Economics on your tips
Gross Domestic Product (GDP): What it Means & Why it Matters ☝
 
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What is Gross Domestic Product (GDP) http://www.financial-spread-betting.com/course/UK-Australia-indicators.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE What is GDP? Gross Domestic Product. This is a barometer of how well an economy is doing. But why is GDP important? If you have high GDP there is a lot of productivity going on, the economy is chugging along quite nicely - generally a good thing for the country. Low GDP is the opposite; things aren't so well. A high GDP is normally equal to higher corporate earnings which is going to benefit the stock market. Recession - 2 or more consecutive quarters of negative GDP growth. But how is the GDP is calculated? It is basically made up of 4 distinct parts; it is the total of the goods and services produced in a country giving a broad view on how the economy is faring. The first part is consumption, the second part is investments, the third is government spending and investments and the last is net exports. A lower than expected GDP may lead to the currency of that country weakening. A higher than expected GDP might boost the currency of a country.
Views: 747 UKspreadbetting
Noam Chomsky - Gross Domestic Product
 
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Source: https://www.youtube.com/watch?v=o0BqGxvS5as
Views: 10457 Chomsky's Philosophy
The U.S. Gross Domestic Product (GDP)
 
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To understand American business history, follow the trends. See how America was settled over time, how people moved from farms to cities, how gross national product grew, how stocks went up and down, and how income was distributed. One thing is certain: in business, things constantly change. This video is featured in the "Constant Change" section of the American Enterprise exhibition at the Smithsonian's National Museum of American History. Section link: americanhistory.si.edu/american-enterprise-exhibition/videos/constant-change Exhibition link: americanhistory.si.edu/american-enterprise
Measuring GDP using the Income Approach and the Expenditure Approach - HD
 
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GDP is generally understood to represent the health of a nation's economy, and most people realize that if GDP is growing, things are going well, while if it's falling things have turned sour in the economy. But what, precisely, does GDP measures? There are two primary methods for measuring GDP, which should yield the same result even though they measure completely different factors. -The income approach: measures the total incomes earned by households in a nation in a year. -The expenditure approach: measures the total amount spent on the goods produced by a country in a year. By examining the circular flow model of a nation's economy, we can demonstrate why every dollar earned by a household in a nation's resource market will ultimately be spent in the product market, or leaked through taxes, savings, and import spending, leading to injections in the form of government spending, investment and export sales. In the video lecture below, the two methods for measuring GDP are introduced, and the various components it includes are explained in detail. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 311456 Jason Welker
Introduction to Gross Domestic Product
 
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This video introduces the concept of Gross Domestic Product (GDP) as a measure of aggregate output or income and describes what is included in GDP. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter: http://www.twitter.com/jodiecongirl Tumblr: http://economistsdoitwithmodels.tumblr.com
Views: 64387 jodiecongirl
The Composition of Gross Domestic Product
 
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Measuring gross domestic product (GDP) gives us an idea of the total production of an economy over a particular period. GDP is made up of the total market value of all final goods and services produced in an economy (but that doesn’t include government transfers). The formula to remember is Y = C + I + G + X. • For more information, visit: https://www.policyed.org/econ1/composition-gross-domestic-product/video. • To view the other videos in the Econ 1 series, visit: http://bit.ly/2DARrrk • To view all of the online classwork to Econ 1: Principles of Economics, visit: http://stanford.io/2Gcqlp2 • To read John Cochrane’s blog post on “Consumption vs. GDP,” click here: http://bit.ly/2shMXRQ • Read John Taylor’s blog post on “The GDP Impact a U.S. Fiscal Consolidation Strategy,” available here: http://bit.ly/2shND9P • Read John Taylor’s blog post on “MacroMania on Nominal GDP Targeting and the Taylor Rule,” available here: http://bit.ly/2GYzEci
Views: 386485 PolicyEd
GDP, Unemployment, Inflation- EconMovies #6: Back to the Future
 
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EconMovies explain economic concepts through movies. In this episode, I use the Back to the Future Trilogy to introduce the concepts of GDP growth, Nominal GDP, Real GDP, unemployment, and inflation. Good luck studying economics. This is heavy Doc!
Views: 277412 Jacob Clifford
Euronews - The Gross Domestic Product explained
 
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http://www.emanuelecolombo.it http://www.twitter.com/ema_colombo Client: Euronews // European Commission Agency: Latte Creative My role: Illustration, motion design, sound design Producers: Valentina Carta, Chiara Reid Voice Over: Natalya Bykov Euronews is a European, multilingual news television channel available in 155 countries all over the world. I was commissioned to produce this animation for a show called "Real Economy." It is the pilot of a series of 20 short videos, each trying to explain a specific economic concept in a simple and engaging way.
Views: 51203 Emanuele Colombo
Real GDP Per Capita and the Standard of Living
 
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They say what matters most in life are the things money can’t buy. So far, we’ve been paying attention to a figure that’s intimately linked to the things money can buy. That figure is GDP, both nominal, and real. But before you write off GDP as strictly a measure of wealth, here’s something to think about. Increases in real GDP per capita also correlate to improvements in those things money can’t buy. Health. Happiness. Education. What this means is, as real GDP per capita rises, a country also tends to get related benefits. As the figure increases, people’s longevity tends to march upward along with it. Citizens tend to be better educated. Over time, growth in real GDP per capita also correlates to an increase in income for the country’s poorest citizens. But before you think of GDP per capita as a panacea for measuring human progress, here’s a caveat. GDP per capita, while useful, is not a perfect measure. For example: GDP per capita is roughly the same in Nigeria, Pakistan, and Honduras. As such, you might think the three countries have about the same standard of living. But, a much larger portion of Nigeria's population lives on less than $2/day than the other two countries. This isn’t a question of income, but of income distribution—a matter GDP per capita can’t fully address. In a way, real GDP per capita is like a thermometer reading—it gives a quick look at temperature, but it doesn’t tell us everything. It’s far from the end-all, be-all of measuring our state of well-being. Still, it’s worth understanding how GDP per capita correlates to many of the other things we care about: our health, our happiness, and our education. So join us in this video, as we work to understand how GDP per capita helps us measure a country’s standard of living. As we said: it's not a perfect measure, but it is a useful one. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1WJcJ5w Next video: http://bit.ly/1S1CxuA Help us caption & translate this video! http://amara.org/v/H04s/
What Is GDP And How To Calculate GDP ?
 
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What Is GDP (Gross Domestic Product). How To Know And Calculate GDP. GDP Full Form. GDP KYA HAI, GDP KO KAISE CALCULATE KIYA JATA HAI. GDP GROWTH RATE. GDP IN HINDI. #GDP #Economy #India #Awesomegyan I Hope You Will Like This Video. Please Support Us. Social Account. Like Us On facebook https://www.facebook.com/AwesomeGyan/ Twitter www.twitter.com/awesomegyan00 Music Credit. Song: IIkson - Early Hours (Vlog No Copyright Music) Music promoted by Vlog No Copyright Music. Video Link: https://youtu.be/9aoCm97hpeM Image And Footage Credit Pixabay.com Don't Forget to Subscribe Our Chennel It Will Really Motivate Us. Disclaimer- Some contents are used for educational purpose under fair use. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
Views: 34456 Awesome Gyan
What is GDP, GNP, NDP, NNP and Per Capita Income ?
 
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This Video Explains the Concepts of Gross Domestic Product, Gross National Product, Net Domestic Product, Net National Product and Per Capita Income. To Prepare for Central and State Civil Services Exam, Download the PrepMate Android App https://play.google.com/store/apps/details?id=in.prepmate.mobile https://prepmate.in/ Want to know How PrepMate-Cengage Book Series Performed In Prelims 2018? - Out of 100 questions, 65 questions were covered completely - 43 questions' statements were ditto as written in the books - 11 Questions were covered partially To see the full details, click on the link given below: https://prepmate.in/app/uploads/2018/06/2018-Prelims-Detailed-Solutions-along-with-Source-Analysis-.pdf To Order Prepmate Cengage Book Series, Visit The Link Given Below:- https://prepmate.in/books/
Views: 61986 PrepMate Edutech
Gross domestic production | Gross national production | INDIAN ECONOMICS FOR ALL GOV JOBS PREP.
 
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Views: 106763 TARGET with alok
Limitations of GDP (gross domestic product)
 
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GDP is the most widely used measurement used to determine whether a country's economy is succeeding or failing. But it has several limitations that make it an imperfect indicator of society's overall well-being. In this video we'll examine what GDP does well, and importantly what it does not do well. For more resources for economics students and teachers visit http://econclassroom.com
Views: 3254 Jason Welker
Macro Unit 2.2- Nominal and Real GDP Advanced Placement Macroeconomics
 
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In this video I explain the difference between nominal and real GDP. Don't forget that Real GDP is adjusted for inflation. Please keep in mind that these clips are not designed to teach you the key concepts. These videos are a review tool to help you better understand what you learned in class. Please subscribe. If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji
Views: 284195 Jacob Clifford
[Hindi] Difference between GDP, NDP, GNP, and NNP
 
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To watch all lessons click here:- https://goo.gl/hSv8yn | Download the Unacademy Learning App from the Google Play Store here:- https://goo.gl/02OhYI | Discuss the course with fellow aspirants here:- https://goo.gl/WJrQpI This course only covers those topics which have a very high cost to benefit ratio i.e. probability of a question appearing in the exam from this particular section is astronomically high. Do watch all these lessons and gain a cutting edge over your competitors. This will help you to score more marks. It's a must go course before go for the prelims examination. For more lessons on UPSC CSE Preparation, please visit:- https://unacademy.in/upsc-preparation/all/
Views: 353124 Unacademy
#30 | National Income | Real and Nominal GDP
 
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This video is suitable for NATIONAL INCOME | 12TH NATIONAL INCOME | MACRO ECONOMICS NATIONAL INCOME |NATIONAL INCOME BASICS | DOMESTIC INCOME AND NATIONAL INCOME | NATIONAL INCOME MACROECONOMICS | NATIONAL INCOME CA CPT | NATIONAL INCOME CA INTER | NATIONAL INCOME CS FOUNDATION | NATIONAL INCOME CA FOUNDATION | CA CPT NATIONAL INCOME | DIFFERENCE BETWEEN DOMESTIC INCOME AND NATIONAL INCOME | NATIONAL INCOME BCOM| NATIONAL INCOME BCOM 3RD YEAR . To watch complete course click here :- https://www.vidyakul.com/super-saver/super-saver-by-chandan-sir For Videos related call at :- 9818434684 For Books related enquiry :- 8010201786 For any other Enquiry :- 9953633448 Mail ID :- [email protected]
(2/3)Gross Domestic Product (GDP) & Other Aggregates: Explained by MK Yadav
 
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To get Session PPT & Other Free Notes : https://goo.gl/321hSE Join Telegram to access Daily Current Affairs Notes: https://t.me/currentaffairsmkyadav The lecture (Part 2 of 3) aims to cover: 1. Gross Domestic Product (GDP) - Definition - Gross Vs. Net GDP - GDP at Factor Cost Vs. Market Price - GDP at Current Vs. Constant Prices 2. National Income Vs. Domestic Income - Measurement of National Income (Product, Income & Expenditure methods) - Inclusions & Exclusions in measurement of National Income - Methods of measurement used in India 3. Other Key Aggregates - National Income, Private Income, Personal Income, Personal Disposable Income, Per Capita Income
Views: 4166 MK Yadav - theIAShub
PrimeTime with Ravish ;  ये GDP क्या होती है ? (31Jan17)
 
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Latest Primetime with ravish kumar 31Jan17
Views: 545250 Ravish Kumar Fan Club
GDP deflator | GDP: Measuring national income | Macroeconomics | Khan Academy
 
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Relationship between the GDP deflator, nominal GDP and real GDP Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/real-nominal-gdp-tutorial/v/example-calculating-real-gdp-with-a-deflator?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/real-nominal-gdp-tutorial/v/real-gdp-and-nominal-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
Views: 302693 Khan Academy
Real GDP and the GDP Deflator
 
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A nation's GDP measure's the value of its output of goods and services in a particular period of time. Gross Domestic Product is expressed in dollar terms, which means that if the price of goods and services rise, a country's nominal GDP figure will increase. The problem with this is that an increase in the nominal (numerical) value of a country's output can increase when price levels rise, even if the actual level of output remains the same. For this reason, it is important to adjust a nation's nominal GDP for any changes in the price level that occur between two periods of time. Once nominal GDP is adjusted for inflation or deflation, we arrive at real GDP, which is a much more accurate measurement of the actual level of output in a nation, adjusting for any changes in prices. This lesson will define nominal and real GDP and use a numerical example to illustrate why measuring nominal GDP produces a false impression of the actual level of output a nation is producing from one year to the next. We will then use a simple formula to determine the GDP deflator, the price index that allows us to adjust nominal GDP to arrive at real GDP. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 185224 Jason Welker
Top 20 Country GDP (PPP) Ranking History (1980-2023)
 
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This video shows the Top 20 countries with highest GDP PPP from 1980 to 2023. The ranking includes superpowers, such as United States, China, Japan, India, and Germany. It also compares the total GDP (PPP) of different continents from the Top 20 countries, mostly North America, Europe, and Asia. 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. Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/wawamustats Music: Home by Whitesand https://www.youtube.com/watch?v=3r8gL1vWGx0 Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 1845534 WawamuStats
Difference between GDP and GNP
 
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Why is the GNP of East Timor nearly four times their GDP? And why is Ireland's GNP only 85% of their GDP? This short revision video explains.
Views: 39121 tutor2u
What is GDP - Gross Domestic Product? How it affects Economy | Important topic for GD-PI
 
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GDP Explained - Above video talks about the concept of Gross Domestic Product - GDP. *Visit our website to explore more topics - http://uotmba.in *Our Instagram account - http://instagram.com/uot_mba #GDP #GDPdefinition
Views: 2951 Universe of Thoughts

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