🗊Презентация Indicators of economic efficiency

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Indicators of economic efficiency, слайд №1Indicators of economic efficiency, слайд №2Indicators of economic efficiency, слайд №3Indicators of economic efficiency, слайд №4Indicators of economic efficiency, слайд №5Indicators of economic efficiency, слайд №6Indicators of economic efficiency, слайд №7Indicators of economic efficiency, слайд №8Indicators of economic efficiency, слайд №9Indicators of economic efficiency, слайд №10Indicators of economic efficiency, слайд №11Indicators of economic efficiency, слайд №12Indicators of economic efficiency, слайд №13Indicators of economic efficiency, слайд №14Indicators of economic efficiency, слайд №15Indicators of economic efficiency, слайд №16Indicators of economic efficiency, слайд №17Indicators of economic efficiency, слайд №18Indicators of economic efficiency, слайд №19Indicators of economic efficiency, слайд №20Indicators of economic efficiency, слайд №21Indicators of economic efficiency, слайд №22Indicators of economic efficiency, слайд №23Indicators of economic efficiency, слайд №24
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Слайды и текст этой презентации

Слайд 1


Indicators of economic efficiency How do we measure the health of our economy?
Описание слайда:
Indicators of economic efficiency How do we measure the health of our economy?

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Indicators of economic efficiency, слайд №2
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Gross Domestic Product Gross Domestic Product market value of all final goods and services produced within a country in a year Final goods are purchased by the last user and will not be resold or used to produce anything else
Описание слайда:
Gross Domestic Product Gross Domestic Product market value of all final goods and services produced within a country in a year Final goods are purchased by the last user and will not be resold or used to produce anything else

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NOT Counted in GDP Intermediate goods Resources of any kind Used goods Ex: Used cars, purchase of an older home, thrift store clothing, Craigslist, Ebay Illegal goods/services Ex: Drugs, theft etc. Purely financial transactions Ex: Investment in stocks or savings Transfer Payments Ex: Social Security, Food Stamps Barter Ex: Babysitting for yardwork
Описание слайда:
NOT Counted in GDP Intermediate goods Resources of any kind Used goods Ex: Used cars, purchase of an older home, thrift store clothing, Craigslist, Ebay Illegal goods/services Ex: Drugs, theft etc. Purely financial transactions Ex: Investment in stocks or savings Transfer Payments Ex: Social Security, Food Stamps Barter Ex: Babysitting for yardwork

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4 Components of GDP C: consumer spending Daily spending on goods and services I: business investment spending Machinery, factories, equipment etc.
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4 Components of GDP C: consumer spending Daily spending on goods and services I: business investment spending Machinery, factories, equipment etc.

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G: government spending G: government spending Spending by all levels of government - military, school, highways, supplies etc. NX: net export spending Purchases of U.S. goods and services by foreign buyers (exports) minus purchases of foreign goods and services by U.S. consumers (imports)
Описание слайда:
G: government spending G: government spending Spending by all levels of government - military, school, highways, supplies etc. NX: net export spending Purchases of U.S. goods and services by foreign buyers (exports) minus purchases of foreign goods and services by U.S. consumers (imports)

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GDP= C+I+G+NX Example: In 2000, estimates in trillions of dollars GPP = C + I + G + NX $10.04 = $6.81 + $1.87 + $1.75 + ($1.13-$1.52)
Описание слайда:
GDP= C+I+G+NX Example: In 2000, estimates in trillions of dollars GPP = C + I + G + NX $10.04 = $6.81 + $1.87 + $1.75 + ($1.13-$1.52)

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Unemployment Rate Unemployment Rate Percentage of labor force who is not working Labor Force: everyone 16 – 65 who is working or actively looking for work 3 types of unemployment
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Unemployment Rate Unemployment Rate Percentage of labor force who is not working Labor Force: everyone 16 – 65 who is working or actively looking for work 3 types of unemployment

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Frictional People are out of work temporarily Seasonal work Changing jobs Looking for 1st job This is acceptable unemployment
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Frictional People are out of work temporarily Seasonal work Changing jobs Looking for 1st job This is acceptable unemployment

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Structural Unemployment because your job skills are no longer needed Ex. Technology replaces workers so people are laid off People can go back to school and learn new skills
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Structural Unemployment because your job skills are no longer needed Ex. Technology replaces workers so people are laid off People can go back to school and learn new skills

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Cyclical People are unemployed due to fluctuations in the business cycle As the economy declines, people lose their jobs Worst kind of unemployment, can not easily fix. Economy must recover first.
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Cyclical People are unemployed due to fluctuations in the business cycle As the economy declines, people lose their jobs Worst kind of unemployment, can not easily fix. Economy must recover first.

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Consumer Price Index Consumer Price Index Index of all goods and services produced in a country Measured by a market “basket” of all goods and services that are commonly bought year after year by the typical urban household
Описание слайда:
Consumer Price Index Consumer Price Index Index of all goods and services produced in a country Measured by a market “basket” of all goods and services that are commonly bought year after year by the typical urban household

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Effects of Changing CPI Inflation Rising price levels purchasing power of the dollar falls Dollar buys less Deflation Falling price levels purchasing power of the dollar rises Dollar buys more
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Effects of Changing CPI Inflation Rising price levels purchasing power of the dollar falls Dollar buys less Deflation Falling price levels purchasing power of the dollar rises Dollar buys more

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Indicators of economic efficiency, слайд №14
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Relationship between GDP, Unemployment and CPI As GDP rises, unemployment rates fall and prices begin to rise As GDP falls, unemployment rises and prices begin to decline
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Relationship between GDP, Unemployment and CPI As GDP rises, unemployment rates fall and prices begin to rise As GDP falls, unemployment rises and prices begin to decline

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4 Stages of the Business Cycle
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4 Stages of the Business Cycle

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Business Cycle
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Business Cycle

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Business Cycle
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Business Cycle

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Business Cycle
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Business Cycle

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Business Cycle – 4 stages
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Business Cycle – 4 stages

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Aggregate means “total” Total demand for ALL FINAL goods and services in the economy from all people in the economy for all prices levels
Описание слайда:
Aggregate means “total” Total demand for ALL FINAL goods and services in the economy from all people in the economy for all prices levels

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Components Aggregate demand consists of: consumer spending (C) investment spending (I) government spending (G) net export spending (NX). If any component increases, GDP increases, AD curve shifts right. If any component decreases, GDP decreases, AD curve shifts left
Описание слайда:
Components Aggregate demand consists of: consumer spending (C) investment spending (I) government spending (G) net export spending (NX). If any component increases, GDP increases, AD curve shifts right. If any component decreases, GDP decreases, AD curve shifts left

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THE CURVE High price level leads to lower quantity of aggregate demand
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THE CURVE High price level leads to lower quantity of aggregate demand

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Aggregate Supply Total production of ALL FINAL goods and services in the economy from all poducers in the economy for all prices levels
Описание слайда:
Aggregate Supply Total production of ALL FINAL goods and services in the economy from all poducers in the economy for all prices levels

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