A comprehensive overview of the concept of 'real terms' in economic analysis, focusing on how it helps to remove or minimize the effects of nominal changes like price variations.
A comprehensive system for measuring the economic activity of a nation.
An economic variable measured in monetary terms, contrasted with real variables and unit-free numbers.
Understanding the concept of points as a measure of change in economic indices.
An in-depth look at the GDP deflator, a price index used to assess real changes in gross domestic product.
An overview of Gross Domestic Product (GDP), detailing its definition, historical context, and various analytical frameworks.
Income earned working for another person, firm, or government body. Can be measured including or excluding benefits in kind or net of deductions.
Accounts showing the main aggregates relating to national income and its components.
Definition and meaning of net investment in economics
The method of calculating domestic product using information on the net outputs of various sectors of the economy.
A standard monetary unit used to measure the value of goods and services, pivotal for the expression of contracts and the assessment of incomes and profits.
