Defining GDP - Measuring GDP and Economic Growth (1/3) | Principles of Macroeconomics
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Defining GDP - Measuring GDP and Economic Growth (1/3) | Principles of Macroeconomics
In this video we take a look at what GDP is, how to calculate it, and some pros and cons of the economic measure. Some subtopics covered in this series: - the definition of GDP - the circular flow of expenditure - differentiating net and gross - the expenditure approach to calculating GDP - the income approach to calculating GDP ...
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12K views · 38 reactions | The Philippine Gross Domestic Product (GDP) recorded a year-on-year growth of 5.2 percent in the fourth quarter of 2024, bringing the full-year 2024 GDP year-on-year growth rate to 5.6 percent. Read the latest results of #PHGDP: https://psa.gov.ph/node/1684066634 | Philippine Statistics Authority | Facebook
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12K views · 38 reactions | The Philippine Gross Domestic Product (GDP) recorded a year-on-year growth of 5.2 percent in the fourth quarter of 2024, bringing the full-year 2024 GDP year-on-year growth rate to 5.6 percent. Read the latest results of #PHGDP: https://psa.gov.ph/node/1684066634 | Philippine Statistics Authority | Facebook
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