Microeconomics

2/1/2001


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Table of Contents

Microeconomics

Macroeconomics

Macroeconomics

The Economy’s Income and Expenditure

The Economy’s Income and Expenditure

Gross Domestic Product

The Circular-Flow Diagram

The Circular-Flow Diagram

The Measurement of GDP

The Measurement of GDP

The Measurement of GDP

The Measurement of GDP

Other Measures of Income

Gross National Product

Net National Product (NNP)

National Income

Personal Income

Disposable Personal Income

The Components of GDP

The Components of GDP

The Components of GDP

GDP and Its Components (1998)

GDP and Its Components (1998)

Real versus Nominal GDP

Real versus Nominal GDP

GDP Deflator

GDP Deflator

Converting Nominal GDP to Real GDP

Real GDP in the United States

GDP and Economic Well-Being

GDP and Economic Well-Being

GDP and Economic Well-Being

GDP, Life Expectancy, and Literacy

Summary

Summary

Summary

Summary

Author: Mark P. Karscig

Email: stutes@mnstate.edu

Home Page: web.mnstate.edu/stutes