Economic Perspectives

An introduction to U.S. macroeconomic policy issues, such as how we use monetary and fiscal policies to promote economic growth, low unemployment, and low inflation.

Monday, September 1, 2008

Low Unemployment - Topics

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The primary macroeconomic policy goals are economic growth , low unemployment , and low inflation . The main tools to achieve these goals a...
3 comments:
Thursday, August 28, 2008

GDP data: C + I + G + X - M

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Gross domestic product is the total value of final goods and services produces in the economy in a given time period (usually a year). Gross...
2 comments:
Wednesday, August 27, 2008

Economic Growth - A Mind Map

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Click on the image above to enlarge the mind map of economic growth from dineshbakshi.com .
43 comments:
Tuesday, August 26, 2008

Historial Economic Growth Data

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... Real Gross Domestic Product = Billions of chained (2005) dollars (Output is valued in all years using the level of prices in 2005.) ......
1 comment:
Monday, August 25, 2008

GDP: durable goods, nondurable goods, services, and structures.

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Gross domestic product (GDP) can be divided into four categories: durable goods, nondurable goods, services, and structures. Table B-8 (Gro...
1 comment:
Sunday, August 24, 2008

Limitations of Using GDP as a Measure of Quality of Life

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Gross domestic product and its related concepts (such as real GDP, per capita GDP, and per capita real GDP) are incomplete measures of a cou...
30 comments:
Saturday, August 23, 2008

Real Gross Domestic Product (Real GDP)

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Real Gross Domestic Product Although GDP is the most common measure of a country’s output, it may not be the best measure. Real GDP measures...
2 comments:
Friday, August 22, 2008

Gross National Product (GNP)

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Gross National Product Another measure of a country’s output is gross national product. Gross national product (GNP) is the total value of a...
2 comments:
Thursday, August 21, 2008

The Composition of U.S. Gross Domestic Product (GDP)

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Source: The U.S. Economy: You Are Here
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The Composition of GDP

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A Closer Look at the Measurement of Economic Growth The Composition of GDP Gross domestic product can be broken down into several categories...
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Tuesday, August 19, 2008

Sources of Economic Growth

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Sources of Economic Growth One way for an economy to produce more output is to obtain more resources. Even with the same resources, however,...
2 comments:
Friday, August 15, 2008

GDP per capita

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Gross domestic product (GDP) per capita (also called per capita GDP) is a country's GDP divided by its population. It provides an estim...
1 comment:
Wednesday, August 13, 2008

Hungry Planet: What the World Eats

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Hungry Planet: What the World Eats by Peter Menzel provides insight into the vast differences in the standard-of-living around the globe by...
5 comments:
Tuesday, August 12, 2008

Material World: A Global Family Portrait

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Material World: A Global Family Portrait by Peter Menzel is available from Amazon.com. It provides insights into the differences in economi...
3 comments:
Monday, August 11, 2008

The Importance of Economic Growth – from a photographic perspective

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Two excellent books by Peter Menzel provide photographic evidence of the importance of economic growth. Material World: A Global Family Port...
2 comments:
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JOHN BUCK
Jacksonville, Florida
I am a professor of economics at Jacksonville University, where I teach courses in introductory economics, comparative economic development, and globalization. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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