H1 ECON10003 Lecture 1 + 2 Notes Sem 2 2022

Description

The documents consists of a detailed breakdown of important Macroeconomic concepts such as: - Inflation - GDP (Nominal, Real GDP) - Factors to consider while computing GDP - Calculating GDP (Production, Expenditure and Income Approach) - Chain Weighted Measure - Circular Flow - National Income Accounts Identity (C, I, G, N, X) - Consumer Price Index (CPI)