Macroeconomics
CB FunctionsBank-Based vs. Market-Based EconomiesStudy smarterFinancial intermediation, bank- vs market-based systems and the role of the financial sector in growth are covered in the Economics Made Simple Complete Bundle —…Central BankingCentral Banks: Functions, Monetary Policy Tools, Independence and Credibility (Complete Guide)In July 2012 the euro was days from breaking apart. Three words from the ECB President ended the crisis without a euro being spent. The complete…Consumer Price Index (CPI)Consumer Price Index (CPI): Construction, Bias, and Its Impact on Interest RatesA single monthly number sets pensions, interest rates, and the real value of national debt — built from a basket nobody buys, weighted by an out-of-date…GNIMeasuring Living Standards by GNIBy Valeria Popa: Let us first distinguish between GNI, GDP and GNP to understand how is GNI different from these two measuring indicators. Study smarterGNI, PPP…Consumer Price Index (CPI)Consumer Price Index and its Influence on the long-term interest rateValeria Popa In previous articles you have learned about macroeconomic indicator like GDP which is highly important for understanding business cycles and economic performances and GNI…GDP Growth RateGDP Growth Rate and CalculationStudy smarterGrowth-rate calculations, compounding and the difference between nominal and real growth are worked through step by step in the Economics Made Simple Complete Bundle —…Gross Domestic Product (GDP)Nominal GDP, Real GDP and the GDP Deflator: Formulas, Worked Examples and Index-Number BiasAn economy that produces nothing new but doubles every price reports 100% nominal GDP growth. A complete guide to nominal GDP, real GDP and the GDP…GDP vs GNPDifference between GDP and GNPAlthough both GDP and GNP measure the size of an economy, either for business or economics forecasting purposes, they are not one and the same thing.…3 Approaches of Calculating GDPThree Approaches of Calculating GDP: Production, Expenditure and Income (Complete Guide)Three completely different accounting routes — production, expenditure, and income — must arrive at exactly the same number. A complete guide to calculating GDP, with the…Gross Domestic Product (GDP)GDP Introduction and UsageStudy smarterGDP, its three measurement approaches and Kuznets’s warning about using it as a welfare measure are covered in full in the Economics Made Simple Complete…

This topic is covered in Economics Made Simple, with practice questions, flashcards and 100 case studies in the bundle.Economics Made Simple Bundle Offer
Get it for $29