Monday, 9 January 2017

On the different measures of GDP

Another semester kicking off and once again time to demonstrate and explain different measures of GDP and why we have different measures.

For those interested (bit of a rabbit hole of links), here is a link to a short review of an article by Philip Cross at the CD Howe institute on the subject matter by Dr. Giles at Uvic, as well as a link to the complete article (which in its self is fairly short).

Interesting read and insight for sure!


No comments:

Post a Comment

The Sunk Cost Fallacy: Why “We’ve Already Paid for It” Is Bad Economics

  One of my favorite ways to start the semester is by introducing a concept many students are at least tangentially familiar with: opportuni...