Chapter 23: Measuring the Income of a Nation

Defining gross domestic product 2:15
The components of GDP - National Income Identity 12:13
Real vs nominal GDP 22:04
Calculation of nominal and real GDP 25:20
The GDP deflator 33:41
Calculating the inflation rate with the GDP deflator 36:55
The Rule of 72 45:13
What does GDP ignore? 47:53

Пікірлер: 53

  • @MrMit-tb2qf
    @MrMit-tb2qf2 ай бұрын

    A minute on this channel is better than 365 days in class 😊

  • @ryamsic
    @ryamsic3 жыл бұрын

    literally the best lecture on youtube . Not a single second wasted . Iam in love by the way you teach. Love from India.

  • @DrAzevedoEcon

    @DrAzevedoEcon

    3 жыл бұрын

    Thank you!!

  • @mohamedtawfikcpa
    @mohamedtawfikcpa3 ай бұрын

    Best Economic Lecturer on You Tube. I appreciate your effort and your method of delivering concepts. Thanks a lot

  • @brittanyshurack7929
    @brittanyshurack79292 жыл бұрын

    I have been reviewing multiple lectures with questions still unanswered. This is the first ever video I found that has been so concise with the material discussed. Thank you so much for this amazing video!!

  • @nijat6704
    @nijat67043 жыл бұрын

    I think you need to continue to upload new videos sir, explanations are excellent. This channel deserves at least +1m subscribers

  • @eslamhamed8741
    @eslamhamed87412 жыл бұрын

    Prof , I would like to thank you for such amazing lectures which made it alot easier for us , you are the best

  • @flaviot5226
    @flaviot52263 ай бұрын

    Thank you Dr. Azevedo I have enjoyed all your videos, first of all thanks we have internet , and God bless you for your teaching videos, it's a blessing having a person like you giving us your knowledge so that others can learn without going to any university; God bless you abundantly, in all areas of your life and yours. God rewards you.

  • @DrAzevedoEcon

    @DrAzevedoEcon

    3 ай бұрын

    I'm happy to hear that the videos have helped you. I have to admit that I didn't realize so many people would find them useful. Thanks for watching!

  • @soso-ku9fx
    @soso-ku9fx2 жыл бұрын

    This is how teachers and Lecturers should teach and lecture students ❤❤❤

  • @fudgeidi3795

    @fudgeidi3795

    Жыл бұрын

    I’m actually watching this for fun I am 14 😅 I am socially conservative but my dad told me republicans are wrong and deceitful on their taxes so I wanted to understand why any tips appreciated 😅

  • @meriamouni8624
    @meriamouni86244 ай бұрын

    I highly appreciate your effort and the way you explain the material in a clear and easy way, especially for me as a non-native language.,

  • @bbeeyangli
    @bbeeyangli5 ай бұрын

    Just finished the first lesson in Macroeconomics, and it was a fantastic course! It's the best one I've encountered so far( including video courses and books). I look forward to more of your economics courses (such as Monetary Economics, as I'm considering the possibility of designing economic systems for web3 or web4). A spontaneous thought: What will be the ultimate form of human economics? Could it be that the highest level of economics is the absence of economics itself? This might be because everyone seems to have superpowers and can be self-sufficient. The Bible seems to mention this kind of economic state for the future. Or, if a super AI could be realized, some say there would no longer be a need for economics.

  • @garylmontefalcon9617
    @garylmontefalcon96179 ай бұрын

    This is what I am looking for. Very good afternoon explanation. Thank you. You will save me with my report.

  • @real2053
    @real20533 ай бұрын

    Thanks a lot professor. I really needed this for my upcoming exam.

  • @aoTrangd-ll9qk
    @aoTrangd-ll9qk5 ай бұрын

    tks u so much, teacher! i comprehend this topic more comprehensively from ur lecture,, tks againn

  • @muhammadhamzaaijazi2976
    @muhammadhamzaaijazi29762 жыл бұрын

    Wow what a lecture this man has given my teacher can't give this lecture in 3 hour

  • @balnure8730
    @balnure87303 ай бұрын

    Thank you so much for your lectures😊

  • @Wearenick
    @Wearenick8 ай бұрын

    "You can still ONLY buy one hundred ice-cream cones" Sir, that's a lot of ice-cream.

  • @eunicerivera1375
    @eunicerivera1375 Жыл бұрын

    Great video! I have a test tomorrow and this helped me a lot.

  • @DrAzevedoEcon

    @DrAzevedoEcon

    Жыл бұрын

    Great! I hope you do well on the test!

  • @user-vx2nm8hc1g
    @user-vx2nm8hc1g4 ай бұрын

    Thank you very much for this amazing lecture...😊

  • @leonkituyi3935
    @leonkituyi39358 ай бұрын

    Sir I really enjoy your teachings and learning more in macroeconomics

  • @ssarh8580
    @ssarh85803 жыл бұрын

    thank you for the lecture, everything well explained

  • @pinglu1510
    @pinglu1510 Жыл бұрын

    I can never give enough thumbs up to him

  • @DrAzevedoEcon

    @DrAzevedoEcon

    Жыл бұрын

    I appreciate that!

  • @jesingbhaibhuriya6681
    @jesingbhaibhuriya66812 жыл бұрын

    A great learning video on KZread . I understood the full concept sir . Thank you sir 💖❤️😊

  • @popculture_vibe
    @popculture_vibe Жыл бұрын

    Thank you Prof. Please keep on uploading new videos

  • @alexlevy2842
    @alexlevy28422 жыл бұрын

    This is amazing

  • @OlufoworaBusola
    @OlufoworaBusola3 ай бұрын

    Thanks for your insight

  • @summerjho2781
    @summerjho2781 Жыл бұрын

    Thank you very much!

  • @DrAzevedoEcon

    @DrAzevedoEcon

    Жыл бұрын

    You're welcome!

  • @abdelrhmanalhammouri2938
    @abdelrhmanalhammouri2938 Жыл бұрын

    I would really appreciate if you make a video for chapter 20 of microeconomic. I have my final in a week and I’m struggling in this chapter.

  • @sethhhh
    @sethhhh9 ай бұрын

    thank you sir

  • @rajnandankumar4043
    @rajnandankumar40432 жыл бұрын

    I want your more lecture.

  • @jesingbhaibhuriya6681
    @jesingbhaibhuriya66812 жыл бұрын

    Sir when will you upload the chapter 18 video

  • @cgar70
    @cgar703 жыл бұрын

    Loved your lecture. Tell more taking Macro now.

  • @Wasito2004
    @Wasito2004 Жыл бұрын

    Te pasaste amigo gracias❤❤

  • @balogunemmanuel4291
    @balogunemmanuel4291 Жыл бұрын

    in calculating the percentage change, how much it changed suppose to be the final year minus the initial years not initial years minus the final because it will result to negative sign answer

  • @oluomobo6491
    @oluomobo64912 ай бұрын

    Sir , can you make a video on factors that determine currency exchange rates between countries? Thank you so much for your lectures

  • @vijaylakshi754
    @vijaylakshi754 Жыл бұрын

    Sir can you explain: "Personal disposable income"

  • @Newmatters
    @NewmattersАй бұрын

    thank you

  • @DrAzevedoEcon

    @DrAzevedoEcon

    Ай бұрын

    You're welcome!

  • @m-elmashad
    @m-elmashad3 жыл бұрын

    Prof , u an amazing person the only thing u need to do is to wear dark clothes to make it more easy for us to focus on the explication words thanks pro

  • @venkateshvalmiki2251
    @venkateshvalmiki22513 ай бұрын

    Sir,Can u take class with indian data?

  • @fudgeidi3795
    @fudgeidi3795 Жыл бұрын

    I’m actually watching this for fun I am 14 😅 I am socially conservative but my dad told me republicans are wrong and deceitful on their taxes so I wanted to understand why any tips appreciated 😅

  • @DrAzevedoEcon

    @DrAzevedoEcon

    Жыл бұрын

    Glad you're enjoying the videos. Turns out that neither party has a monopoly on dishonesty. It's also the case that many politicians have no idea how taxes actually affect a market. This is true for both republicans and democrats.

  • @fudgeidi3795

    @fudgeidi3795

    Жыл бұрын

    @@DrAzevedoEcon thanks for the response I will look into it

  • @DrAzevedoEcon

    @DrAzevedoEcon

    Жыл бұрын

    @@fudgeidi3795 I should have added that this video might be of interest to you. kzread.info/dash/bejne/p3aBuZaSf7LHYJs.html

  • @aysenazozgurbuz2380
    @aysenazozgurbuz2380 Жыл бұрын

    While recording this lessons, are you wrtinig backward?

  • @DrAzevedoEcon

    @DrAzevedoEcon

    Жыл бұрын

    No...I'm writing normally, but the image is reversed so that the viewer can read what I wrote.

  • @amirmadad9632
    @amirmadad9632 Жыл бұрын

    Thank you for your great teaching 🙏

  • @DrAzevedoEcon

    @DrAzevedoEcon

    Жыл бұрын

    You're welcome!