Y1 16) Measures of Economic Growth & Living Standards

Y1 16) Measures of Economic Growth & Living Standards - GDP, GDP/Capita, GNI, Green GDP

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7 жыл бұрын

Measures of Economic Growth & Living Standards - GDP, GDP/Capita, GNI, Green GDP. A video covering Measures of Economic Growth & Living Standards - GDP, GDP/Capita, GNI, Green GDP
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@hareemq7324 7 жыл бұрын

you are such an amazing teacher you explain everything so perfectly and have helped me improve my grade from an E to an A by just watching your videos, thank you so much!

@dvg4868 7 жыл бұрын

Seriously? Wow Apart from videos how did you prepare?

@hareemq7324 7 жыл бұрын

i read the cambridge book by colin bamford and susan grant as well as the revision guide by terry cook, both really helpful!

@15-o4-2OO5 Жыл бұрын

What a E?

@candycandypopop 8 ай бұрын

@@15-o4-2OO5England a level ranking system, E is towards the bottom end

@sethumliliyanage2923 Ай бұрын

hi there, I know this comment is from like 7 years ago but do you have any tips to get from a E level to a A level? Economics

@akshatnerella5995 3 жыл бұрын

That signature thumps up at last, though I am frustrated with all the econ concepts, gives me hope and inspiration and I feel like nothing happened!!

@fatalleopard1514 5 жыл бұрын

Ok now this is epic

@sajansuganth7086 5 жыл бұрын

based

@tgay9594 4 жыл бұрын

Hello fatal leopard

@Subaru477 7 жыл бұрын

Econplusdal this is very informative thank you very much myyy guyyyy

@ednazaryan6624 3 жыл бұрын

Thank you so much for your great job!! You are a lifesaver!

@kritanandbooneeady6074 4 жыл бұрын

Sir yours courses are amazing and I am impressed

@heshna4111 7 ай бұрын

You're a lifesaver. I got an A because of your amazing videos.

@yournexthome1173 4 жыл бұрын

Amazing teacher ever!

@selma-5449 Жыл бұрын

Thank you so much. I have a case study presentation and this video was super helpful.

@thefirstphase2256 7 жыл бұрын

love you so much sir

@robbiebrown602 7 жыл бұрын

bald

@abdulrazzaq6921 7 жыл бұрын

Great video Sir! Thank you so much!

@zackomondi6223 2 жыл бұрын

Amazing well explained content

@sokotee255 5 жыл бұрын

Thanksssss!!!

@amanjha656 6 жыл бұрын

Productive Knowledge..:-)

@sofiabronco6700 4 жыл бұрын

thank you!

@AmandaaaaaaAa000 5 жыл бұрын

thank you so much

@abrahamwilliamsdouglas5295 Жыл бұрын

Can really admire u a lot

@lettia5836 2 жыл бұрын

You've a good teacher

@ditidhutia4618 4 жыл бұрын

can you please post the link to the video which shows the 3 methods of calculating gdp?

@bristoll1 4 жыл бұрын

Good Teacher!

@LikesAndSubs 7 жыл бұрын

hi I have a question, basically in 2012 the fiscal multiplier was equal to 0.5, one year later they realized they made a mistake and the fiscal multiplier was actually 1.7 the question is to discuss the above statement. any help would be appreciated thanks

@lucyahern7529 7 жыл бұрын

What graphs would you suggest to support this information?

@boitranao4600 4 жыл бұрын

Thank you so much for the clear lesson

@muhammadasad4476 2 жыл бұрын

Beautiful 😍 👌

@alexskinner5858 Жыл бұрын

Good video Vikkstar123.

@randomrecess007 2 жыл бұрын

Thanks teacher

@sheldonblackwood2117 Жыл бұрын

nice explanation

@Aidan-yk1tf 2 жыл бұрын

This guy carrying me through school

@_SliK_ 5 жыл бұрын

Do you have to know the cons of each measurement? I've got the 2015 CGP book and they don't say anything about remembering the cons as they just give you the formulas.

@Malhiza_MamBhele 11 ай бұрын

you the boss

@holyycoww3569 Жыл бұрын

Is this the chapter of national income statistics? Or is it another chapter

@Sunshine-vl7vb 3 жыл бұрын

Can I know which video is the one that measures GDP using the expenditure, income and output method? I couldn't find it

@imaanansar3393 3 жыл бұрын

it's the circular flow of income video (the second one in this playlist)

@farcool6037 2 жыл бұрын

Sir are you in any way related to Vikkstar123 cause you look a lot like him

@lightningzeus1 7 жыл бұрын

Could you do a presentation on Living Standards and how Economic growth can impact it?

@EconplusDal 7 жыл бұрын

This video is covered in my development economics playlist :)

@lightningzeus1 7 жыл бұрын

Thank you.

@alex.curious 7 жыл бұрын

Very useful lesson

@rhutoswuro6822 Жыл бұрын

Economic growth or growth performance are the same questions?

@TheRealD3Y 2 жыл бұрын

Hi Dal, I'm getting very confused. What's the difference between GNI & GNP. As in my spec it only says GNP. But I'm getting confused at the differences and what they both mean separately. Hope you can help and thanks again for your excellent videos.

@EconplusDal 2 жыл бұрын

The are the same essentially so don't worry about the specific abbreviation used

@lxra4451 3 жыл бұрын

What's the difference between GNP and GNI pls

@noora3529 2 жыл бұрын

what happens to the standard living of if the growth rate of real GDP is 0?

@mohamadkhouli9607 Ай бұрын

Adam Tantawi, if you see this. I love you.

@vixgaming9984 25 күн бұрын

Can we get the lore??

@YYY24111 2 жыл бұрын

dear sir I think this should be classied into year 2 macro content

@user-wt7oi5os4t 6 жыл бұрын

i do ocr so will watching this playlist help or confuse me?

@UmarDoesEconomics 8 ай бұрын

LEARN THESE EQUATIONS FOR P3

@pumpkinpie0001 2 жыл бұрын

hey sir can u make a video on evaluation for GDP , GDP per capita and MEW

@Alex-wj6so 3 жыл бұрын

1,000th like boiiiss!

@realFriedrichHayek 7 жыл бұрын

Surely there is a limit to how much GDP can increase to?

@786Muhaimin 7 жыл бұрын

mat drav yes, you can refer to the Keynesian LRAS curve where increasing AD only leads to inflationary pressure. Tell me if I'm wrong

@realFriedrichHayek 7 жыл бұрын

I was thinking about the classical model. If LRAS is straight then wouldnt it just keep shifting right to the point where GDP is theortically infinite

@ishanbajaj9208 7 жыл бұрын

If LRAS is straight then any shift of AD will cause an increase in the general price level on the economy and not an increase in real GDP, the straight LRAS curve is vertical, and the AD is downward sloping, if AD shifts to the right, then the real output of the economy wont increase, only the price level will. Also if LRAS shifts, it will only shift due to demand or supply side policies targeted at causing that shift, the size of the shift will depend on the available resources in the economy, there simply won't be enough resources to cause an infinite GDP. Its like a point outside the PPF curve, it's impossible as there aren't enough resources. However, if growth increases i.e. AD shifting to the right, then more resources will be available as it would lead to things such as increased capital investment which will increase efficiency and productivity and therefore increase output. This will then make it possible to shift the LRAS curve to the right further but this depends on increasing AD which has risks of demand pull inflation and depends on the initial position of the economy.Hope that helped :)

@realFriedrichHayek 7 жыл бұрын

John D you're a ledge John!!!

@dilz2012 7 жыл бұрын

This is convenient, doing this in class as well

@blacksnow8070 Жыл бұрын

11:50 Green GDP

@fitfirst4468 2 жыл бұрын

This man so handsome

@ahmetcanakkoyun979 5 жыл бұрын

King

@kzhen2074 3 жыл бұрын

is gni the same as gnp??

@ManlikeAndu 2 жыл бұрын

GNI is =GDP+(money flowing in from other countries - money flowing out to other countries), whereas GNP is basically gdp but only for that specific country’s citizens and businesses i.e if it is France it won’t take Americans who live in France activity into account