Because GDP is a critical measure of economic growth in the United States, I like to start every term discussing GDP with my students. Gross Domestic Product, or GDP, has many limitations. It doesn’t tell us about unemployment or productivity, or whether economic growth will be sustainable over time. However, it tells us about consumer spending, private business investment, government spending, and net trade. Therefore, GDP is an important measure of economic performance and one of several economic indicators driv
Archive for January, 2010
Week of February 1st, 2010. Let’s talk about GDP
Sunday, January 31st, 2010Welcome to another season of Blogonomics!
Monday, January 18th, 2010Don’t forget to register before February 1, 2010.
Blog entries must be 5 sentences only. The first sentence should be an introductory claim, opinion or a thesis statement. The next three sentences should be used to support your claim, opinion or thesis statement using statistical data, reliable news reports, and/or other supporting evidence. The last sentence should be a closing statement where you prove your claim or reach a conclusion.
Good luck!
