SlideShare une entreprise Scribd logo
1  sur  17
Introduction to Macroeconomics
Defining Macroeconomics ,[object Object],[object Object],[object Object],[object Object],[object Object]
Gross Domestic Product ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Expenditure Approach ,[object Object],[object Object],[object Object],[object Object],GDP = C + G + I + (X – M)
GNP – Gross National Product ,[object Object],[object Object]
Economic Growth ,[object Object],[object Object],Real GDP Growth Rate = (real GDP year 2 – real GDP year 1) real GDP year 1 x 100
Current Canadian Statistics
Drawbacks to GDP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Unemployment Rate ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Calculating the Unemployment Rate ,[object Object],[object Object],[object Object],[object Object],[object Object],Unemployment Rate = Number unemployed Labour force x 100
Full Employment ,[object Object],[object Object],[object Object],[object Object]
Other Types of Unemployment ,[object Object],[object Object]
Variations in the Unemployment Rate ,[object Object],[object Object]
Consumer Price Index ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Calculating and Using the CPI ,[object Object],[object Object],Inflation rate =  CPI  year 2 – CPI year 1 CPI year 1 x 100
Limitations of CPI ,[object Object],[object Object],[object Object]
Real GDP ,[object Object],[object Object],[object Object],[object Object]

Contenu connexe

Tendances

Consumption function
Consumption functionConsumption function
Consumption function
Arpan Ramtek
 
Basic concept of macro economics
Basic concept of macro economicsBasic concept of macro economics
Basic concept of macro economics
Raj vardhan
 
Introduction to macroeconomics
Introduction to macroeconomicsIntroduction to macroeconomics
Introduction to macroeconomics
Shivam Bindra
 
Intro to economics
Intro to economicsIntro to economics
Intro to economics
Arnel Rivera
 

Tendances (20)

Philip's Curve
Philip's CurvePhilip's Curve
Philip's Curve
 
Keynesian Aggregate demand and aggregate supply income analysis
Keynesian Aggregate demand and aggregate supply income analysisKeynesian Aggregate demand and aggregate supply income analysis
Keynesian Aggregate demand and aggregate supply income analysis
 
Consumption function and investment function chapter 2
Consumption function and investment function chapter 2Consumption function and investment function chapter 2
Consumption function and investment function chapter 2
 
Consumption function
Consumption functionConsumption function
Consumption function
 
Heckscher ohlin
Heckscher ohlinHeckscher ohlin
Heckscher ohlin
 
Classical theory of employment
Classical theory of employmentClassical theory of employment
Classical theory of employment
 
Basic concept of macro economics
Basic concept of macro economicsBasic concept of macro economics
Basic concept of macro economics
 
Business cycles
Business cyclesBusiness cycles
Business cycles
 
Cost Comparative Theory
Cost Comparative TheoryCost Comparative Theory
Cost Comparative Theory
 
Introduction to macroeconomics
Introduction to macroeconomicsIntroduction to macroeconomics
Introduction to macroeconomics
 
Intro to economics
Intro to economicsIntro to economics
Intro to economics
 
classical vs keynesian economics
classical vs keynesian economicsclassical vs keynesian economics
classical vs keynesian economics
 
Basic macroeconomics
Basic macroeconomicsBasic macroeconomics
Basic macroeconomics
 
Intro to Macroeconomics & Growth
Intro to Macroeconomics & GrowthIntro to Macroeconomics & Growth
Intro to Macroeconomics & Growth
 
Consumption function
Consumption functionConsumption function
Consumption function
 
General equilibrium : Neo-classical analysis
General equilibrium : Neo-classical analysisGeneral equilibrium : Neo-classical analysis
General equilibrium : Neo-classical analysis
 
Measuring The Cost of living
Measuring The Cost of livingMeasuring The Cost of living
Measuring The Cost of living
 
The LM curve
The LM curveThe LM curve
The LM curve
 
Keynes's psychological law of consumption
Keynes's psychological law of consumptionKeynes's psychological law of consumption
Keynes's psychological law of consumption
 
Unit- 2 Lecture-3 (comparative advantage theory)
Unit- 2 Lecture-3 (comparative advantage theory)Unit- 2 Lecture-3 (comparative advantage theory)
Unit- 2 Lecture-3 (comparative advantage theory)
 

En vedette

Chapter 1 - basic concepts about macroeconomics for BBA
Chapter 1 - basic concepts about macroeconomics for BBAChapter 1 - basic concepts about macroeconomics for BBA
Chapter 1 - basic concepts about macroeconomics for BBA
ginish9841502661
 
Introduction to macroeconomics
Introduction to macroeconomicsIntroduction to macroeconomics
Introduction to macroeconomics
Umair Aslam
 
Chapter 22 an introduction to macroeconomics
Chapter 22 an introduction to macroeconomicsChapter 22 an introduction to macroeconomics
Chapter 22 an introduction to macroeconomics
Thegohst Alithy
 
Macroeconomics Policies
Macroeconomics PoliciesMacroeconomics Policies
Macroeconomics Policies
crrcaz
 
Chapter 03 inflation and the cost of living
Chapter 03   inflation and the cost of livingChapter 03   inflation and the cost of living
Chapter 03 inflation and the cost of living
rebyn
 
Slides for video chapter11 a measuring the cost of living 2 19
Slides for video chapter11 a measuring the cost of living 2 19Slides for video chapter11 a measuring the cost of living 2 19
Slides for video chapter11 a measuring the cost of living 2 19
Sue Guzek
 
Topic 1 introduction to macroeconomics
Topic 1 introduction to macroeconomicsTopic 1 introduction to macroeconomics
Topic 1 introduction to macroeconomics
cmsrahaman
 
Introduction to Business Research
Introduction to Business ResearchIntroduction to Business Research
Introduction to Business Research
R Pagell
 

En vedette (20)

Introduction to Macroeconomics
Introduction to MacroeconomicsIntroduction to Macroeconomics
Introduction to Macroeconomics
 
Introduction To Macro Economics
Introduction To Macro EconomicsIntroduction To Macro Economics
Introduction To Macro Economics
 
Introduction to macroeconomics
Introduction to macroeconomicsIntroduction to macroeconomics
Introduction to macroeconomics
 
Chapter 1 - basic concepts about macroeconomics for BBA
Chapter 1 - basic concepts about macroeconomics for BBAChapter 1 - basic concepts about macroeconomics for BBA
Chapter 1 - basic concepts about macroeconomics for BBA
 
Introduction to macroeconomics
Introduction to macroeconomicsIntroduction to macroeconomics
Introduction to macroeconomics
 
Nani intro to macroeconomics
Nani intro to macroeconomics Nani intro to macroeconomics
Nani intro to macroeconomics
 
Macro basics
Macro basicsMacro basics
Macro basics
 
Chapter 22 an introduction to macroeconomics
Chapter 22 an introduction to macroeconomicsChapter 22 an introduction to macroeconomics
Chapter 22 an introduction to macroeconomics
 
Macroeconomics Policies
Macroeconomics PoliciesMacroeconomics Policies
Macroeconomics Policies
 
Macro economics ppt
Macro economics pptMacro economics ppt
Macro economics ppt
 
Introduction to macro economics
Introduction to macro economicsIntroduction to macro economics
Introduction to macro economics
 
The Macroeconomics of Recession, Deficits, and Austerity
The Macroeconomics of Recession, Deficits, and AusterityThe Macroeconomics of Recession, Deficits, and Austerity
The Macroeconomics of Recession, Deficits, and Austerity
 
Arnold 8e ch 01 final
Arnold 8e ch 01 finalArnold 8e ch 01 final
Arnold 8e ch 01 final
 
Mock teaching macroeconomics
Mock teaching macroeconomicsMock teaching macroeconomics
Mock teaching macroeconomics
 
Theory and Measurement in the Macroeconomy
Theory and Measurement in the MacroeconomyTheory and Measurement in the Macroeconomy
Theory and Measurement in the Macroeconomy
 
International Business Research
International Business ResearchInternational Business Research
International Business Research
 
Chapter 03 inflation and the cost of living
Chapter 03   inflation and the cost of livingChapter 03   inflation and the cost of living
Chapter 03 inflation and the cost of living
 
Slides for video chapter11 a measuring the cost of living 2 19
Slides for video chapter11 a measuring the cost of living 2 19Slides for video chapter11 a measuring the cost of living 2 19
Slides for video chapter11 a measuring the cost of living 2 19
 
Topic 1 introduction to macroeconomics
Topic 1 introduction to macroeconomicsTopic 1 introduction to macroeconomics
Topic 1 introduction to macroeconomics
 
Introduction to Business Research
Introduction to Business ResearchIntroduction to Business Research
Introduction to Business Research
 

Similaire à Introduction To Macroeconomics

Intro to Macroeconomics
Intro to MacroeconomicsIntro to Macroeconomics
Intro to Macroeconomics
mscuttle
 
Intro to Macroeconomics
Intro to MacroeconomicsIntro to Macroeconomics
Intro to Macroeconomics
mscuttle
 
Macro Economics short lecture note ppt.pptx
Macro Economics short  lecture note ppt.pptxMacro Economics short  lecture note ppt.pptx
Macro Economics short lecture note ppt.pptx
etebarkhmichale
 
Macro economic Handout 01 introuction.pptx
Macro economic Handout 01 introuction.pptxMacro economic Handout 01 introuction.pptx
Macro economic Handout 01 introuction.pptx
Hashan S. Wimalasiri
 
Economic measures1 (1)
Economic measures1 (1)Economic measures1 (1)
Economic measures1 (1)
dtabor1
 
Measuring the macro economy student
Measuring the macro economy studentMeasuring the macro economy student
Measuring the macro economy student
Nick Allgyer
 

Similaire à Introduction To Macroeconomics (20)

Intro to Macroeconomics
Intro to MacroeconomicsIntro to Macroeconomics
Intro to Macroeconomics
 
Intro to Macroeconomics
Intro to MacroeconomicsIntro to Macroeconomics
Intro to Macroeconomics
 
Macro Economics short lecture note ppt.pptx
Macro Economics short  lecture note ppt.pptxMacro Economics short  lecture note ppt.pptx
Macro Economics short lecture note ppt.pptx
 
National income
National incomeNational income
National income
 
Macro economic Handout 01 introuction.pptx
Macro economic Handout 01 introuction.pptxMacro economic Handout 01 introuction.pptx
Macro economic Handout 01 introuction.pptx
 
Macro Economics_I.pptx macro ppt introduction slides
Macro Economics_I.pptx macro ppt introduction slidesMacro Economics_I.pptx macro ppt introduction slides
Macro Economics_I.pptx macro ppt introduction slides
 
unit 3-12.pptx
unit 3-12.pptxunit 3-12.pptx
unit 3-12.pptx
 
Macro Economics PPT
Macro Economics PPT Macro Economics PPT
Macro Economics PPT
 
Unit 4 student
Unit 4 studentUnit 4 student
Unit 4 student
 
(9) Macroeconomic Analysis - Part I.pdf
(9) Macroeconomic Analysis - Part I.pdf(9) Macroeconomic Analysis - Part I.pdf
(9) Macroeconomic Analysis - Part I.pdf
 
macroppts-160319095309.pptx
macroppts-160319095309.pptxmacroppts-160319095309.pptx
macroppts-160319095309.pptx
 
Macro 6 macroeconomic+measures-gdp+and+economic+growth+
Macro 6 macroeconomic+measures-gdp+and+economic+growth+Macro 6 macroeconomic+measures-gdp+and+economic+growth+
Macro 6 macroeconomic+measures-gdp+and+economic+growth+
 
Economic measures1 (1)
Economic measures1 (1)Economic measures1 (1)
Economic measures1 (1)
 
Principles of Macroeconomics Notes
Principles of Macroeconomics NotesPrinciples of Macroeconomics Notes
Principles of Macroeconomics Notes
 
Measuring the macro economy student
Measuring the macro economy studentMeasuring the macro economy student
Measuring the macro economy student
 
National Income: Measuring National Income. Problems in the measurement of Na...
National Income: Measuring National Income. Problems in the measurement of Na...National Income: Measuring National Income. Problems in the measurement of Na...
National Income: Measuring National Income. Problems in the measurement of Na...
 
All macro economics ppts
All macro economics pptsAll macro economics ppts
All macro economics ppts
 
Natl income
Natl incomeNatl income
Natl income
 
National income By Prof. Padmvati Patil
National income By Prof. Padmvati PatilNational income By Prof. Padmvati Patil
National income By Prof. Padmvati Patil
 
Lec 02- Nat Inc Acctg.ppt
Lec 02- Nat Inc Acctg.pptLec 02- Nat Inc Acctg.ppt
Lec 02- Nat Inc Acctg.ppt
 

Plus de mscuttle

Theory of a Firm
Theory of a FirmTheory of a Firm
Theory of a Firm
mscuttle
 
Firms, Competition And Markets
Firms, Competition And MarketsFirms, Competition And Markets
Firms, Competition And Markets
mscuttle
 
Production Issues
Production IssuesProduction Issues
Production Issues
mscuttle
 
The Internet
The InternetThe Internet
The Internet
mscuttle
 
Digital Literacy
Digital LiteracyDigital Literacy
Digital Literacy
mscuttle
 
Monetary Policy
Monetary PolicyMonetary Policy
Monetary Policy
mscuttle
 
Corporations
CorporationsCorporations
Corporations
mscuttle
 
Personal Finance
Personal FinancePersonal Finance
Personal Finance
mscuttle
 
Accounting for Stock Activities
Accounting for Stock ActivitiesAccounting for Stock Activities
Accounting for Stock Activities
mscuttle
 
Isp Examples
Isp ExamplesIsp Examples
Isp Examples
mscuttle
 
Capital Assets
Capital AssetsCapital Assets
Capital Assets
mscuttle
 
Fiscal Policy And The Business Cycle
Fiscal Policy And The Business CycleFiscal Policy And The Business Cycle
Fiscal Policy And The Business Cycle
mscuttle
 
Human Resources
Human ResourcesHuman Resources
Human Resources
mscuttle
 
Receivables
ReceivablesReceivables
Receivables
mscuttle
 
Human Resources
Human ResourcesHuman Resources
Human Resources
mscuttle
 
Market Structure
Market StructureMarket Structure
Market Structure
mscuttle
 
Internal Controls
Internal ControlsInternal Controls
Internal Controls
mscuttle
 
Intro To Accounting
Intro To AccountingIntro To Accounting
Intro To Accounting
mscuttle
 
Inventory Valuation
Inventory ValuationInventory Valuation
Inventory Valuation
mscuttle
 
Theory of a Firm
Theory of a FirmTheory of a Firm
Theory of a Firm
mscuttle
 

Plus de mscuttle (20)

Theory of a Firm
Theory of a FirmTheory of a Firm
Theory of a Firm
 
Firms, Competition And Markets
Firms, Competition And MarketsFirms, Competition And Markets
Firms, Competition And Markets
 
Production Issues
Production IssuesProduction Issues
Production Issues
 
The Internet
The InternetThe Internet
The Internet
 
Digital Literacy
Digital LiteracyDigital Literacy
Digital Literacy
 
Monetary Policy
Monetary PolicyMonetary Policy
Monetary Policy
 
Corporations
CorporationsCorporations
Corporations
 
Personal Finance
Personal FinancePersonal Finance
Personal Finance
 
Accounting for Stock Activities
Accounting for Stock ActivitiesAccounting for Stock Activities
Accounting for Stock Activities
 
Isp Examples
Isp ExamplesIsp Examples
Isp Examples
 
Capital Assets
Capital AssetsCapital Assets
Capital Assets
 
Fiscal Policy And The Business Cycle
Fiscal Policy And The Business CycleFiscal Policy And The Business Cycle
Fiscal Policy And The Business Cycle
 
Human Resources
Human ResourcesHuman Resources
Human Resources
 
Receivables
ReceivablesReceivables
Receivables
 
Human Resources
Human ResourcesHuman Resources
Human Resources
 
Market Structure
Market StructureMarket Structure
Market Structure
 
Internal Controls
Internal ControlsInternal Controls
Internal Controls
 
Intro To Accounting
Intro To AccountingIntro To Accounting
Intro To Accounting
 
Inventory Valuation
Inventory ValuationInventory Valuation
Inventory Valuation
 
Theory of a Firm
Theory of a FirmTheory of a Firm
Theory of a Firm
 

Dernier

Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
vu2urc
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Service
giselly40
 

Dernier (20)

Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonets
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Service
 

Introduction To Macroeconomics