Chapter 23: Measuring the Income of a Nation

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Күн бұрын

Defining gross domestic product 2:15
The components of GDP - National Income Identity 12:13
Real vs nominal GDP 22:04
Calculation of nominal and real GDP 25:20
The GDP deflator 33:41
Calculating the inflation rate with the GDP deflator 36:55
The Rule of 72 45:13
What does GDP ignore? 47:53

Пікірлер: 53

@MrMit-tb2qf Ай бұрын

A minute on this channel is better than 365 days in class 😊

@ryamsic 3 жыл бұрын

literally the best lecture on youtube . Not a single second wasted . Iam in love by the way you teach. Love from India.

@DrAzevedoEcon 3 жыл бұрын

Thank you!!

@nijat6704 3 жыл бұрын

I think you need to continue to upload new videos sir, explanations are excellent. This channel deserves at least +1m subscribers

@mohamedtawfikcpa 3 ай бұрын

Best Economic Lecturer on You Tube. I appreciate your effort and your method of delivering concepts. Thanks a lot

@brittanyshurack7929 2 жыл бұрын

I have been reviewing multiple lectures with questions still unanswered. This is the first ever video I found that has been so concise with the material discussed. Thank you so much for this amazing video!!

@Wearenick 8 ай бұрын

"You can still ONLY buy one hundred ice-cream cones" Sir, that's a lot of ice-cream.

@soso-ku9fx 2 жыл бұрын

This is how teachers and Lecturers should teach and lecture students ❤❤❤

@fudgeidi3795 Жыл бұрын

I’m actually watching this for fun I am 14 😅 I am socially conservative but my dad told me republicans are wrong and deceitful on their taxes so I wanted to understand why any tips appreciated 😅

@eslamhamed8741 2 жыл бұрын

Prof , I would like to thank you for such amazing lectures which made it alot easier for us , you are the best

@bbeeyangli 5 ай бұрын

Just finished the first lesson in Macroeconomics, and it was a fantastic course! It's the best one I've encountered so far( including video courses and books). I look forward to more of your economics courses (such as Monetary Economics, as I'm considering the possibility of designing economic systems for web3 or web4). A spontaneous thought: What will be the ultimate form of human economics? Could it be that the highest level of economics is the absence of economics itself? This might be because everyone seems to have superpowers and can be self-sufficient. The Bible seems to mention this kind of economic state for the future. Or, if a super AI could be realized, some say there would no longer be a need for economics.

@meriamouni8624 4 ай бұрын

I highly appreciate your effort and the way you explain the material in a clear and easy way, especially for me as a non-native language.,

@flaviot5226 3 ай бұрын

Thank you Dr. Azevedo I have enjoyed all your videos, first of all thanks we have internet , and God bless you for your teaching videos, it's a blessing having a person like you giving us your knowledge so that others can learn without going to any university; God bless you abundantly, in all areas of your life and yours. God rewards you.

@DrAzevedoEcon 3 ай бұрын

I'm happy to hear that the videos have helped you. I have to admit that I didn't realize so many people would find them useful. Thanks for watching!

@ssarh8580 3 жыл бұрын

thank you for the lecture, everything well explained

@popculture_vibe Жыл бұрын

Thank you Prof. Please keep on uploading new videos

@garylmontefalcon9617 8 ай бұрын

This is what I am looking for. Very good afternoon explanation. Thank you. You will save me with my report.

@muhammadhamzaaijazi2976 2 жыл бұрын

Wow what a lecture this man has given my teacher can't give this lecture in 3 hour

@real2053 3 ай бұрын

Thanks a lot professor. I really needed this for my upcoming exam.

@balnure8730 3 ай бұрын

Thank you so much for your lectures😊

@aoTrangd-ll9qk 4 ай бұрын

tks u so much, teacher! i comprehend this topic more comprehensively from ur lecture,, tks againn

@eunicerivera1375 Жыл бұрын

Great video! I have a test tomorrow and this helped me a lot.

@DrAzevedoEcon Жыл бұрын

Great! I hope you do well on the test!

@jesingbhaibhuriya6681 2 жыл бұрын

A great learning video on KZfaq . I understood the full concept sir . Thank you sir 💖❤️😊

@leonkituyi3935 7 ай бұрын

Sir I really enjoy your teachings and learning more in macroeconomics

@pinglu1510 Жыл бұрын

I can never give enough thumbs up to him

@DrAzevedoEcon Жыл бұрын

I appreciate that!

@user-vx2nm8hc1g 3 ай бұрын

Thank you very much for this amazing lecture...😊

@alexlevy2842 2 жыл бұрын

This is amazing

@OlufoworaBusola 3 ай бұрын

Thanks for your insight

@abdelrhmanalhammouri2938 Жыл бұрын

I would really appreciate if you make a video for chapter 20 of microeconomic. I have my final in a week and I’m struggling in this chapter.

@jesingbhaibhuriya6681 2 жыл бұрын

Sir when will you upload the chapter 18 video

@summerjho2781 Жыл бұрын

Thank you very much!

@DrAzevedoEcon Жыл бұрын

You're welcome!

@rajnandankumar4043 2 жыл бұрын

I want your more lecture.

@cgar70 3 жыл бұрын

Loved your lecture. Tell more taking Macro now.

@balogunemmanuel4291 Жыл бұрын

in calculating the percentage change, how much it changed suppose to be the final year minus the initial years not initial years minus the final because it will result to negative sign answer

@sethhhh 9 ай бұрын

thank you sir

@Wasito2004 Жыл бұрын

Te pasaste amigo gracias❤❤

@vijaylakshi754 Жыл бұрын

Sir can you explain: "Personal disposable income"

@oluomobo6491 2 ай бұрын

Sir , can you make a video on factors that determine currency exchange rates between countries? Thank you so much for your lectures

@Newmatters Ай бұрын

thank you

@DrAzevedoEcon 24 күн бұрын

You're welcome!

@MohamedAshraf-gz3wr 2 жыл бұрын

Prof , u an amazing person the only thing u need to do is to wear dark clothes to make it more easy for us to focus on the explication words thanks pro

@venkateshvalmiki2251 2 ай бұрын

Sir,Can u take class with indian data?

@aysenazozgurbuz2380 Жыл бұрын

While recording this lessons, are you wrtinig backward?

@DrAzevedoEcon Жыл бұрын

No...I'm writing normally, but the image is reversed so that the viewer can read what I wrote.

@fudgeidi3795 Жыл бұрын

@DrAzevedoEcon Жыл бұрын

Glad you're enjoying the videos. Turns out that neither party has a monopoly on dishonesty. It's also the case that many politicians have no idea how taxes actually affect a market. This is true for both republicans and democrats.

@fudgeidi3795 Жыл бұрын

@@DrAzevedoEcon thanks for the response I will look into it

@DrAzevedoEcon Жыл бұрын

@@fudgeidi3795 I should have added that this video might be of interest to you. kzfaq.info/get/bejne/q6h9ipeKtLXFYGw.html