Lecture

Economic Growth: GDP and Measurement

In course

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Description

This lecture covers the concepts of economic growth, sustainability, GDP, and development. It explains how GDP is measured, the importance of total GDP and per capita GDP, and the distinction between economic growth and development. The lecture also delves into economic circuits, national accounts, added value, and the main actors in economic circuits. Real-life examples, such as the pricing of a Zara hoody, are used to illustrate these economic concepts.

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_i2wijdg8

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Economics

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