Qt2011
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ECONOMICS: GDP, Unemployment, and Inflation Notes!
These notes cover three important parts of the Economics course: GDP, unemployment, and inflation. CONTENT COVERED: THREE MAJOR ECONOMIC GOALS, 4 KEYS TO THE UNIT, CALCULATING GDP, What is NOT Included in GDP, Real vs. Nominal GDP, CALCULATING REAL GDP, THREE TYPES OF UNEMPLOYMENT, THE NATURAL RATE OF UNEMPLOYMENT (NRU), HOW TO CALCULATE UNEMPLOYMENT, and THREE CAUSES OF INFLATION. These notes also label the must-knows that should be found in the tests on this unit.
- Class notes
- • 6 pages •
These notes cover three important parts of the Economics course: GDP, unemployment, and inflation. CONTENT COVERED: THREE MAJOR ECONOMIC GOALS, 4 KEYS TO THE UNIT, CALCULATING GDP, What is NOT Included in GDP, Real vs. Nominal GDP, CALCULATING REAL GDP, THREE TYPES OF UNEMPLOYMENT, THE NATURAL RATE OF UNEMPLOYMENT (NRU), HOW TO CALCULATE UNEMPLOYMENT, and THREE CAUSES OF INFLATION. These notes also label the must-knows that should be found in the tests on this unit.