Related lectures (51)
National Savings and Public Sector: Definitions and Examples
Explores the definitions of national savings and public sector savings, along with examples and explanations, while also providing details about the upcoming exam format and topics for future projects.
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Delves into the limitations of GDP as a measure of economic growth, emphasizing the need for caution in its interpretation.
Environmental Economics: Course Overview and Key Concepts
Provides an overview of environmental economics, covering course structure, key concepts, and the relationship between economic activity and environmental issues.
The Globotics Upheaval
Explores the impact of AI and robotics on service jobs and income distribution.
National Savings and Investments
Explores the connection between national savings, investments, and borrowing between countries.
Economic Growth: Measuring Total Production and Value Added
Explores how GDP measures total production using prices as a common denominator and explains the concept of value added in the economy.
Innovation Fundamentals
Delves into the economic fundamentals of innovation, exploring historical context, entrepreneurial risk, societal challenges, and the role of private entrepreneurs.
Understanding Markets and Welfare
Explores market dynamics, equilibrium shifts, welfare maximization, and the role of central planners in shaping market outcomes.
Economic Growth: GDP and Measurement
Explores economic growth through GDP measurement, discussing its limitations and challenges in assessing development and quality of life.
Economic Growth: Slowdown and Innovation Failure
Explores the slowdown of economic growth, innovation failure, and challenges in measuring modern economic activity.

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