Real GDP and the GDP Deflator

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  • Опубліковано 3 гру 2024

КОМЕНТАРІ • 162

  • @eljaysumangil914
    @eljaysumangil914 4 роки тому +18

    This video was actually 8 years ago, but has helped me understand this concept even better than my professor did. Thank you for this. Keep on making videos.

  • @whitemochi3156
    @whitemochi3156 4 роки тому +30

    20minutes before my final exam in economics and I finally understood this topic lol thanks

    • @Gurci28
      @Gurci28 3 роки тому

      10:10

    • @whitemochi3156
      @whitemochi3156 2 роки тому

      @Elene Chkhaidze guess what- შემეტენა და შემდეგ წელს გადავაბარება მომიწია 😂

    • @whitemochi3156
      @whitemochi3156 2 роки тому

      @Elene Chkhaidze წარმატებები! 💕💕

    • @SINTO_F
      @SINTO_F 8 місяців тому

      The same

  • @txt3567
    @txt3567 5 років тому +6

    English isn't my first language but I've learned more from your video than in my economy class. I wish my professor was like you. Thanks for sharing!

  • @DjDestoza
    @DjDestoza 11 років тому +1

    Listen up now.... I have never seen or heard this topic in a better way! Keep posting..... Great Job!

  • @boywalker1812
    @boywalker1812 4 роки тому +3

    Finally, a video that simplifies this to the point! Thank you, finally understand this.

  • @joannalouabanilla6331
    @joannalouabanilla6331 3 роки тому +1

    You've answered all my confusion with deflators and cpi holy,, thanks!!!!

  • @josephanusu4671
    @josephanusu4671 3 роки тому +6

    Thanks for making this so clear and easy to understand. This lesson has been truly helpful.

  • @festybaba9673
    @festybaba9673 5 років тому

    Thanks....have been setting on my assignment for 1 hour, did not take me 2 minutes to complete the assignment after watching the video...well simplified

  • @arlohofilena4415
    @arlohofilena4415 6 років тому +2

    You explain this topic better than my professor. Thank you so much.

  • @giftmichaelkhondowe9772
    @giftmichaelkhondowe9772 2 роки тому +1

    Ten years still relevant. Thanks Man

  • @abdulwaheed1056
    @abdulwaheed1056 5 років тому +2

    This is one of the best lecture of my educational carrier.......🇵🇰🇵🇰.
    You are great sir.

  • @-A-AbhishekGarg
    @-A-AbhishekGarg 2 роки тому +1

    Love u sir , I have seen 20 videos on it but understand the concept from yours only. ❤️❤️
    Salute

  • @KlearChristal
    @KlearChristal 8 років тому +4

    Your videos helped me a lot in my macroeconomic class i'm taking this semester. Thank you so much, easily subscribed!

  • @arielabuel1982
    @arielabuel1982 10 років тому +12

    Thank you for this. I wish you were my Econ Professor.

  • @matthewjwright4841
    @matthewjwright4841 4 роки тому +1

    Thank you. Great lesson. I was previously
    getting my sums wrong, going from one year to the other, when calculating the real gdp.

  • @rebekahmorris6779
    @rebekahmorris6779 11 років тому +1

    You make so much more sense than my professor. Thank you!

  • @ishaqsinera5302
    @ishaqsinera5302 7 років тому +2

    this is so much more easier, concise, and clear thanks

  • @mendumbilase1508
    @mendumbilase1508 5 років тому +2

    in five hours time I am writing a test and Gosh this was helpful.

  • @augustineaboateng9707
    @augustineaboateng9707 2 роки тому

    Your videos are so helpful. With them, I'm going through my business administration course so quickly Thanks so much.

  • @animatrix7
    @animatrix7 5 років тому +1

    You sir are amazing and completely broke down and explained all questions I had in a very simple manner. Thank you

  • @ashleyenglish3382
    @ashleyenglish3382 8 років тому +9

    THANK YOU! I may actually get a few more questions right on my eco test tomorrow, for your video.

  • @xesiontv9580
    @xesiontv9580 4 роки тому +1

    thank you so much for the videos your making this online econ class so much easier!!

  • @theclaytonchristopher
    @theclaytonchristopher 4 роки тому

    Thank you! explained it in 5 minutes when my professor has been on it for 2 weeks

  • @taylorjohnson9433
    @taylorjohnson9433 2 роки тому

    You just saved my life, this went along a lot with my assignment. Great help!!

  • @isacktumbo5333
    @isacktumbo5333 2 роки тому

    Thank you sir, good lesson,from university of DODOMA,east Africa , TANZANIA

  • @rachitaleti
    @rachitaleti 10 місяців тому +1

    Why is nobody talking abt the goated intro

  • @relentero8547
    @relentero8547 4 роки тому +2

    Helps with my AP Exam. Thanks!

  • @marcushassu6571
    @marcushassu6571 5 років тому +1

    Amazing video. Well explained!!!

  • @samanthasam5204
    @samanthasam5204 3 роки тому

    sooooo much easier to understand with your explanation. thank you

  • @karengaateruatara7810
    @karengaateruatara7810 8 років тому

    Good and clear explanation on Real GDP and GDP Deflator...thank you because it very helpful to me and understand me more.

  • @isaiasgonzalez-diaz2357
    @isaiasgonzalez-diaz2357 4 роки тому

    Thank you king, you are saving my grade rn. appreciate the video

  • @chuckjohnson3316
    @chuckjohnson3316 8 років тому

    Great video to help students understand "Real GDP"

  • @aytansafarli7701
    @aytansafarli7701 5 років тому +1

    THANK YOU! neat and clean, thank you so much

  • @gurhanweyrah3930
    @gurhanweyrah3930 3 роки тому

    Thanka you so much. This was well explained concept

  • @divyaNau
    @divyaNau 5 років тому

    Thank you so much...You are amazing in explaining the concepts.

  • @RadhikaMeera
    @RadhikaMeera 4 роки тому

    Superb explanation !

  • @shahsadek455
    @shahsadek455 2 роки тому

    Excellent summary. Thank you for this.

  • @Salvation1984
    @Salvation1984 5 років тому

    Thank you so much! So perfectly detailed explained, and the visuals are very very helpful!

  • @sovannarasong6196
    @sovannarasong6196 9 років тому +2

    Thanks you so much for this video sir , I really appreciate that

  • @nessaann100
    @nessaann100 11 років тому

    You saved me. Thank you!!!!!!!! I wish I had you as an instructor

  • @sadiatasneem4764
    @sadiatasneem4764 6 років тому +1

    This was so helpful. THANK YOU!

  • @Protato-yg4rm
    @Protato-yg4rm 3 роки тому

    You are my hero, thank you so much for making this video!!!!

  • @alhak4alhak
    @alhak4alhak 4 роки тому

    Do the contries calculate the inflation using this method?
    Are there other formulas we can calculate the inflation like price level for example?

  • @Mariefrancegrsce
    @Mariefrancegrsce 6 років тому +1

    Thank you , simple and easy

  • @alejandraespitia9097
    @alejandraespitia9097 2 роки тому

    thank you! Super clear and concise.

  • @cuevas3570
    @cuevas3570 2 роки тому

    So for NFFI, we just subtract 2010's GNP with GDP, right?

  • @Mr_mrs.jassar
    @Mr_mrs.jassar 6 років тому

    Thanks so much for this video..it helped me a lot...teaching method is perfect 👌

  • @kashkabrother4409
    @kashkabrother4409 5 років тому

    daamn the music at the beginning made me 3x more attentive,whats the name of the song ?

  • @Dolcesangue
    @Dolcesangue 3 роки тому

    Soooo clear !! Thank you very much !

  • @comedies5245
    @comedies5245 5 років тому

    Well Explained .Loved it !

  • @nitikadesai7976
    @nitikadesai7976 3 роки тому

    thanks for making such awesome videos

  • @TukiyaMbewe
    @TukiyaMbewe 3 місяці тому

    Thank you, very helpful video

  • @kynearamsey1968
    @kynearamsey1968 5 років тому

    So simple to understand.thanks

  • @lifewithdylan
    @lifewithdylan 6 років тому +6

    fire

  • @dwdwdwdwd9125
    @dwdwdwdwd9125 9 років тому

    This Helped A Lot Thank You very Much Sir

  • @maryamyousefalfaqiri2725
    @maryamyousefalfaqiri2725 2 роки тому

    Thank u 🙏🏼 for all the information really great ❤️🙏🏼

  • @naomioiknine5602
    @naomioiknine5602 5 років тому

    To calculate the percentage of inflation, why did we divide (129-100) by 100?? Like where did the 100 come from

  • @zwitterions6769
    @zwitterions6769 4 роки тому

    the best explanation!!! thank you!

  • @avhonahombedzi368
    @avhonahombedzi368 3 роки тому

    thank you very much this video helped me to understand GDP.

  • @danaawad6649
    @danaawad6649 10 років тому

    Thank you so much!!!! Please upload more!!!

  • @maliyhaw.5913
    @maliyhaw.5913 5 років тому

    Nicely explained. Thank you.

  • @nemathassnain8522
    @nemathassnain8522 4 роки тому

    As always, you are the best!

  • @vaibhavkhobragade9773
    @vaibhavkhobragade9773 3 роки тому

    That means if we get inflation of 29%. So, is it 110 * 1.29 = 142 total value output in 2010 Switzerland?

  • @AaliyaKhan
    @AaliyaKhan 12 років тому

    It was a very nice lecture. Thank you.

  • @mada_m
    @mada_m 4 роки тому

    What are the market values of the three products in 2009 and in 2010?

  • @lsudawg2000
    @lsudawg2000 2 роки тому

    This is fantastic!

  • @aliabdulkader3774
    @aliabdulkader3774 12 років тому

    very nice lecture,
    thank u so much

  • @nkosanamabuza109
    @nkosanamabuza109 11 років тому

    Life saver indeed. Thank you man.

  • @nuraishah7139
    @nuraishah7139 6 років тому +2

    Thank u i really understand..😁😁

  • @MichelleCN_
    @MichelleCN_ 6 років тому

    excellent explanation. Thank you so much

  • @KULDEEPDAGAREPGDIB-
    @KULDEEPDAGAREPGDIB- 7 років тому

    Thank You . Very well explained.

  • @Waseem200105
    @Waseem200105 4 роки тому

    very well explained.

  • @mahadiarian9093
    @mahadiarian9093 5 років тому

    wont u teach us the consumer price index?

  • @abhijitjahagirdar516
    @abhijitjahagirdar516 5 років тому

    I understand the concept. since they explained in a simple way.

  • @priyakeyan
    @priyakeyan 12 років тому

    Can u please explain what is GDP at factor cost and GDP at Market prices. Is the selling price in the market and the market price taken to measure GDP are one and the same. please help us..... we are from india.... we are benefiting and exploring the essence of economics from u... and we enjoy it...

  • @user-yf5zz8bj2z
    @user-yf5zz8bj2z 4 роки тому

    Hi ,thank you for sharing , THEN we must calculate firstly reel gdp . Second step is calculating gdp deflator? Am I true?

  • @TZiko-pu2gj
    @TZiko-pu2gj 4 роки тому

    Thank you, that was very helpful

  • @kaay-ess-ess
    @kaay-ess-ess 8 років тому

    This was REALLY helpful

  • @chrisurban7939
    @chrisurban7939 10 років тому +2

    Phenomenal, thank you dude

  • @katiedorney110
    @katiedorney110 5 років тому +1

    you're a god for this. thank you.

  • @andresbedoya6647
    @andresbedoya6647 10 років тому

    That was very helpful. Thank you!!

  • @briannaarmendariz6672
    @briannaarmendariz6672 9 років тому

    This video helped me so much! Thanks you!!

  • @sebadeepdvr
    @sebadeepdvr 11 років тому

    Sorry one last question. If GM sells a car for 1000 dollars then the second hand shop sells it for 1500? would GDP count the 500 as a service so the total gdp would be 1500? Thanks ;)

  • @abdalakamanda3509
    @abdalakamanda3509 6 років тому +1

    Thanks you so much Sir

  • @rifatfaisal4743
    @rifatfaisal4743 7 років тому

    the video was very helpful, thank you

  • @nicholasmanomano847
    @nicholasmanomano847 2 роки тому

    Thank you Teacher!

  • @philipscott7023
    @philipscott7023 5 років тому

    That was some pro explaining

  • @smallboychristina
    @smallboychristina 7 років тому +5

    makes more sense

  • @somalilandnew
    @somalilandnew 12 років тому

    thanks alot man this was very helpful

  • @beebless2358
    @beebless2358 4 роки тому

    9/30/20 Thank you. Especially in this time of the pandemic and limited access to in person assistance.

  • @hanifamelfalina4691
    @hanifamelfalina4691 5 років тому

    SO HELPFUL THANKYOU!

  • @paragray4455
    @paragray4455 3 роки тому

    Hi , i have looked in to the Word bank published gdp deflator data with code NY_GDP_DEFL_KD_ZG. The data shows negative GDP deflator in many places. How do I interpret these ?

    • @TheDolez013
      @TheDolez013 3 роки тому

      It means there was price deflation. Although we think of the price level as slightly increasing year after year (which is what central banks are trying to do), prices can go down. Deflation usually arises during times of economic stress or crisis. If you look at the Great Depression, you will see deflation was quite bad.

  • @jonkeevose498
    @jonkeevose498 5 років тому

    Thank you for the help. Your the man.

  • @paulvaldivia8995
    @paulvaldivia8995 3 роки тому

    my professor asked me to find the real gdp of 2018 with 2019 base year, how am I suppose to do that????

  • @MrHeartbrokenlol
    @MrHeartbrokenlol 11 років тому

    Just what i need .. thanks..

  • @51MontyPython
    @51MontyPython 10 років тому

    Good video

  • @istiakahmed9345
    @istiakahmed9345 6 років тому +1

    thank u so much,,,sir

  • @JulianaZito
    @JulianaZito 5 років тому

    this is real good job

  • @pastaboinch
    @pastaboinch 7 років тому

    thanks for these videos... no stupid analogies and other crap, just the topic itself. short and concise.

  • @IngaKhat
    @IngaKhat 5 років тому

    Thank you for this!!!