🗊Презентация к уроку английского языка "Economic Growth" -

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Презентация к уроку английского языка "Economic Growth" - , слайд №1Презентация к уроку английского языка "Economic Growth" - , слайд №2Презентация к уроку английского языка "Economic Growth" - , слайд №3Презентация к уроку английского языка "Economic Growth" - , слайд №4Презентация к уроку английского языка "Economic Growth" - , слайд №5Презентация к уроку английского языка "Economic Growth" - , слайд №6Презентация к уроку английского языка "Economic Growth" - , слайд №7Презентация к уроку английского языка "Economic Growth" - , слайд №8Презентация к уроку английского языка "Economic Growth" - , слайд №9Презентация к уроку английского языка "Economic Growth" - , слайд №10Презентация к уроку английского языка "Economic Growth" - , слайд №11Презентация к уроку английского языка "Economic Growth" - , слайд №12Презентация к уроку английского языка "Economic Growth" - , слайд №13Презентация к уроку английского языка "Economic Growth" - , слайд №14Презентация к уроку английского языка "Economic Growth" - , слайд №15
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Презентация к уроку английского языка "Economic Growth" - , слайд №1
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Economic Growth Increase in real GDP or real GDP per capita over some time period Percentage rate of growth Growth as a goal Arithmetic of growth: Rule of 70
Описание слайда:
Economic Growth Increase in real GDP or real GDP per capita over some time period Percentage rate of growth Growth as a goal Arithmetic of growth: Rule of 70

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Economic Growth Growth in U.S. real GDP 1950-2009 Increased 6 fold 3.2% per year Growth in U.S. real GDP per capita Increased more than 3 fold 2% per year Qualifications Improved products and services Added leisure Other impacts
Описание слайда:
Economic Growth Growth in U.S. real GDP 1950-2009 Increased 6 fold 3.2% per year Growth in U.S. real GDP per capita Increased more than 3 fold 2% per year Qualifications Improved products and services Added leisure Other impacts

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Modern Economic Growth Began with the Industrial Revolution in late 1700s Ongoing increases in living standards Time for leisure Social change Democracy Human lifespan doubled
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Modern Economic Growth Began with the Industrial Revolution in late 1700s Ongoing increases in living standards Time for leisure Social change Democracy Human lifespan doubled

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Modern Economic Growth Began in Britain Has spread slowly Starting date main cause of worldwide differences in living standards Catching up is possible Leader countries invent technology Follower countries adopt technology Can grow faster
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Modern Economic Growth Began in Britain Has spread slowly Starting date main cause of worldwide differences in living standards Catching up is possible Leader countries invent technology Follower countries adopt technology Can grow faster

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Modern Economic Growth Real GDP Real GDP Average annual per capita, per capita, growth rate, Country 1960 2007 1960-2007
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Modern Economic Growth Real GDP Real GDP Average annual per capita, per capita, growth rate, Country 1960 2007 1960-2007

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Modern Economic Growth
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Modern Economic Growth

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Institutional Structures of Growth Strong property rights Patents and copyrights Efficient financial institutions Literacy and widespread education Free trade Competitive market system
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Institutional Structures of Growth Strong property rights Patents and copyrights Efficient financial institutions Literacy and widespread education Free trade Competitive market system

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Determinants of Growth
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Determinants of Growth

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Accounting for Growth Factors affecting productivity growth Technological advance (40%) Quantity of capital (30%) Education and training (15%) Economies of scale and resource allocation (15%)
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Accounting for Growth Factors affecting productivity growth Technological advance (40%) Quantity of capital (30%) Education and training (15%) Economies of scale and resource allocation (15%)

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Productivity Growth Average rate of growth 1.5% per year 1973-1995 2.8% per year 1995-2009 Affects real output, real income, and real wages Pay higher wages without lowering profit
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Productivity Growth Average rate of growth 1.5% per year 1973-1995 2.8% per year 1995-2009 Affects real output, real income, and real wages Pay higher wages without lowering profit

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Productivity Growth Microchip/information technology New firms and increasing returns Sources of increasing returns More specialized inputs Spreading of development costs Simultaneous consumption Network effects Learning by doing Global competition
Описание слайда:
Productivity Growth Microchip/information technology New firms and increasing returns Sources of increasing returns More specialized inputs Spreading of development costs Simultaneous consumption Network effects Learning by doing Global competition

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Economic Growth Is economic growth desirable and sustainable? The antigrowth view Environmental and resource issues In defense of economic growth Higher standard of living Human imagination can solve environmental and resource issues
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Economic Growth Is economic growth desirable and sustainable? The antigrowth view Environmental and resource issues In defense of economic growth Higher standard of living Human imagination can solve environmental and resource issues

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Economic Growth Growth is the path to greater material abundance Results in higher standards of living Increases leisure time Allows for the expansion and application of human knowledge
Описание слайда:
Economic Growth Growth is the path to greater material abundance Results in higher standards of living Increases leisure time Allows for the expansion and application of human knowledge

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Global Perspective
Описание слайда:
Global Perspective

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