Macro economics unit 5 DB 

Macro economics unit 5 DB 

Post three things you are proud of, two things you are thankful for, and one you are looking forward to.

Readings and Resource

Readings and Resources

Textbook or eBook:

Mankiw, G. N. (2024). Principles of Macroeconomics (10th ed.). Boston, MA: Cengage Learning.

In Chapter 10 we begin a discussion of the economy’s income and expenditures. We look at Gross Domestic Product (GDP) as a measure of effectiveness in an economy. We compare different ways to measure GDP such as Real GDP and Nominal GDP and the impact if each. Lastly we ask the question, “Is GDP necessarily a good thing?”

  • Chapter 10: Measuring a Nation’s Income

Chapter 11 expands on how we measure the success of the economy, introducing the concepts of Consumer Price Index and inflation.

  • Chapter 11: Measuring the Cost of Living

Supplemental Resources: 

 Directions for ECO Library Re

Answer preview for Macro economics unit 5 DB

APA

329 Words

 

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