Introduction to Gross Domestic Product Course
Course
Online
Description
-
Type
Course
-
Methodology
Online
-
Start date
Different dates available
Gross Domestic Product (GDP) is a very important topic to understand in economics. It measures the monetary value of final goods and services of a country within a given time period and is a key metric which can be used to gauge a country's standard of living. In this free online economics course you will start by learning about the circular flow of money in an economy. The components of Gross Domestic Product are then identified and explained in terms of how different expenditure is categorised. A single Gross Domestic Product figure gives very little information so you will learn how to look at it in relation to past history by using Price Indexing to work out what is real growth and what inflation is when compared with a base year. This free online economics course will be of great interest to economics, finance and business professionals who would like a better understanding of Gross Domestic Product and its role as an indicator of the economic health of a country, and to any learner who wants to have a better understanding of financial news and how the economies of countries work.
Facilities
Location
Start date
Start date
Reviews
Subjects
- IT
- Domestic product
- Economy
- GDP
- Deflator
Course programme
Study for Free at Your Own Pace! Start This Course
ALISON’s Diploma Courses category includes diploma-level courses in a variety of professional subjects, such as project management, business management and entrepreneurship, HR, web design, psychology, customer service, programming, social media marketing, children’s studies, nursing and patient care, social work, IT management, statistics, mental health, Six Sigma, teaching skills for educators, carpentry, supply chain management, international tourism, and PE. These diploma-level courses will give the learner a comprehensive understanding of the subject. Upon successful graduation, the student will have gained valuable skills and training that will greatly enhance employability and career prospects. The category also includes an innovative work-force re-entry skills advanced diploma that will be of interest to anyone re-entering the workforce after an extended absence.
Introduction to Gross Domestic Product Course