Defining Gross Domestic Product

Like the content? Buy me a coffee? !! Thanks so much !!
www.buymeacoffee.com/econhelp
Hi everyone in this video I discuss our definition of Gross Domestic Product, (GDP). This video is Part 1 of a series of videos that I’ll do on GDP, there will be a few videos in the series, it’s a big topic.
In the next Part in the series (Part 2) I discuss the identity between Production, Income and Expenditure.
0:00 Introduction and Definition
0:46 Using the "Market Value"
3:58 Counting only Final Goods and Services
6:49 Where the production happens (and brief discussion on time period
7:41 Brief end discussion
Thank-you so much for watching!!

[@aumkarbhave6737]

thank you for making this video

[@econhelp_official]

No worries @aumkarbhave6737, here's Part 2, kzbin.info/www/bejne/i5rTYoiCet2Ei9k. I'll start on Part 3, hopefully won't be too long.

[@tareqaziz6181]

Keep up the good work. 👏

[@econhelp_official]

I will try! Thank you so much for the lovely comment ❤️❤️

[@NamTran-fs6nf]

Could u please make the video about specialize in the production

[@econhelp_official]

Do you mean like this sort of thing? kzbin.info/www/bejne/l3jRlXqlpK9mfpI

[@daolindie]

are you able to do some behavioural economics? thank you!

[@econhelp_official]

Hi! I am able, but I probably won't be very quick (cards on the table, behavioural economics is not my favourite, I've only taught it once, so it might take me a little while to get my thoughts together). Feel free to e-mail me with more specific questions though (what textbook you use, topics covered etc), that will help me understand what you need, and I will be able to figure out if I have any insight (or not, as the case may be) that I can put together in a video. :) EMAIL: [e-mail]