Gross Domestic Product
Über den Vortrag
Der Vortrag „Gross Domestic Product“ von James DeNicco ist Bestandteil des Kurses „Principles of Macroeconomics (EN)“. Der Vortrag ist dabei in folgende Kapitel unterteilt:
- Gross Domestic Product
- Definition and Accounting Rules for GDP
- Expenditure & Production
- Investment
- Government Purchases
- Short Comings
- Calculate Nominal and Real GDP
- Inflation with the GDP Deflator
Quiz zum Vortrag
What is an example of an intermediate good?
- Oranges sold to an orange juice manufacturer.
- Orange juice sold at the store to a family.
- A juicing machine sold to an orange juice manufacturer.
Which component of Gross Domestic Product would the purchase of new socks fall under?
- Consumption
- Investment
- Government spending
- Consumption & Investment
Which of the following is NOT included in Gross Domestic Product?
- The government pays unemployment benefits.
- Salaries to government workers.
- The government purchases an aircraft carrier.
- The government pays a private company to build a road.
Which of the following is included in Gross Domestic Product?
- None of the answers are correct.
- Vegetables you grow in your garden for yourself.
- An antique lamp resold at auction for $1 million.
- Black labor.
Dozent des Vortrages Gross Domestic Product
James DeNicco
Dr. DeNicco graduated from Drexel University in 2013. His primary field is Macroeconomics and his secondary field is Industrial Organization. His primary research interests are in Macroeconomics and applied Macroeconomics, especially the relationship between GDP growth and labor dynamics.
His focus is on jobless recovery, which explores the speed of recovery in unemployment rates post recession, controlling for GDP growth. He is currently an Assistant Professor at the University of Tampa, where he teaches both Macroeconomics and Microeconomics.
Dr. DeNicco also does work as a Research Associate for the Center for Labor Markets and Policy. In that role he has conducted extensive work with BLS and BEA data regarding estimation and forecasting techniques used by the Massachusetts Governor’s Office and the Rhode Island Department of Labor.
In addition, he collaborates on research identifying the determinants of successful transitions from high school to college and persistence in college, with the goal of identifying major transition barriers needing either program or policy intervention.
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