Lesson 12 of 13 • 4 upvotes • 11:06mins
This lesson is a discussion of the price fluctuations in comparing GDP. Here, the real GDP and nominal GDP are explained. The price indexes like the GDP deflator, consumer price index, wholesale price index are also discussed.
13 lessons • 1h 57m
Course Overview
5:00mins
Basic Concepts of Macroeconomics Part 1
9:32mins
Basic Concepts of Macroeconomics Part 2
9:15mins
Factors of Production
9:12mins
Circular Flow of Income
6:50mins
Calculation of National income
7:59mins
Product method
10:47mins
Expenditure method
10:55mins
Income method
10:01mins
Some Macroeconomic identities 1
8:33mins
Some Macroeconomic identities 2
9:44mins
Goods and prices
11:06mins
GDP and Welfare
8:19mins