Title: Econ Lowdown: Gross Domestic Product (Audio Q&A)
Course: Alabama Economics Sample Syllabus > Section: Unit 9: Macroeconomic Indicators

Description: Gross Domestic Product (GDP) data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In this episode of Economic Lowdown, hear what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.

Estimated Completion Time: 15 minutes