Economics Lecture 2: Measuring Economic Activity | GDP, Real vs Nominal GDP, and More Explained
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YouTubeISEA- Strategic Economic Affairs
Economics Lecture 2: Measuring Economic Activity | GDP, Real vs Nominal GDP, and More Explained
Dive deep into the fundamentals of macroeconomics with Lecture 2 in our series. In this session, we explore how economists measure the size and health of an economy—including Gross Domestic Product (GDP), the difference between nominal and real GDP, and the strengths and limitations of these metrics. Topics covered: • What is GDP and why it ...
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