This video explains and walks you through the step-by-step calculation of Gross Domestic Product, Nominal GGP, Real GDP, GDP Deflator, Inflation Rate, and Economic Growth Rate.
💡RELATED VIDEOS TO THIS TOPIC
→ GDP Playlist | [ Ссылка ]
📚 FUNDAMENTALS OF DEMAND AND SUPPLY
Click to download for FREE: [ Ссылка ]
This is a *FREE* ebook written by me. It is a 122-page book written to provide you with proficiency in Demand-Supply analysis; in-depth knowledge and a strong foundation in Economics, Mathematical-Economics, and Economics-related courses.
It is fine-tailored to help you pass your Economics courses, excellently! The knowledge in it helped me graduate with a 3.86/4.00 CGPA (96.5%), High Honors (First Class) in Economics at Eastern Mediterranean University, and a 4.00/4.00 CGPA (100%) in my Master's Degree in Economics. The book contains my knowledge and understanding written to help you also succeed. It is also very suitable for high school students (or secondary school students).
Click this link to *download it for FREE*: [ Ссылка ]
⌚️ Timestamps:
0:00 - General GDP formula
1:05 - Nominal GDP
5:39 - Real GDP
12:08 - Nominal vs Real
13:29 - GDP Deflator
18:03 - GDP Deflator: Note
18:29 - Inflation Rate
24:59 - Economic Growth Rate
30:54 - Outro
WHO AM I?
Hey there, 👋 I'm Musa. I recently just finished my Masters Program in Economics at Eastern Mediterranean University. I graduated (in February 2024) with a 4.00/4.00 CGPA.
My Thesis topic is: "The Impact of Government Expenditure on Economic Growth and Inflation Rate in Nigeria." The data used were from the year 1981 to 2022, (42 years). The Methodology was ADF-Test, ARDL/ARDL Bounds Test, and Granger Causality Test. If you are interested in reading about my Thesis, you can download it for free by clicking this link: [ Ссылка ]
Upon finishing my Masters Degree, I formed COTUAL LLC, a digital marketing company. We focus on how to use digital marketing to achieve financial success. To learn more, visit: [ Ссылка ]
Digital Marketing is my current focus, however, I still create videos on Economics videos on the side. Because "the knowledge is in my head, there's no point in letting it sit there, so it's best to let others benefit from it."
Kindly subscribe to the channel and help us grow, it will warm my heart! 🤗
.
