Splitting GDP

[@MrMarkgyuro]

as a web developer fan, i am getting addicted to your videos. great work thank you so much for that!!!

[@ayl18]

How do you guys have so few views and subscribers?!! It's top stuff, fellas.... and much appreciated :)

[@AbdullahSaleem1]

The reason behind a few views is that it's hard for people to hold a pen and paper in their hand and note the points what they understand(a good way of learning and understanding).

[@umairayyaz6981]

Most people arent so lucky to be iinterested in this knowledge gaining

[@umairayyaz6981]

NATIONAL SPENDING FACTORS DOESNT COUNTS SPENDING OF PEOPLE SO WHY DO WE COUNT IT IN GDP WHICH IS SUM OF INCOMES

[@mrturnables1]

@@umairayyaz6981 Because all monies spent on finished goods is eventually received by someone; who spends it again on finished goods, which is again received by someone etc. So you can measure GDI from the perspective of those receiving the money or GDP from the perspective of sales of finished goods (i.e. those spending)

[@YelenaRichy]

Your videos are superb! I have learned a lot. Keep it up & all the best!

[@aureliohess9349]

I strongly recommend your videos... Very good work, dear professors!

[@MarginalRevolutionUniversity]

Thank you Aurelio! We appreciate the kind words. -Roman

[@AbdullahSaleem1]

Awesome videos and amazing lectures. Thanks for sharing such a basic information with us. The reason behind few views is that it's hard for people to hold a pen and paper in their hand and note the points what they understand(a good way of learning and understanding).

[@loumitchells73]

Best introduction to macroeconomics. I spent a lot of money and time to get a better understanding. You nailed it. I ll recommend your channel to all my friends.

[@leonardconlon6917]

Great resources which explain some complex concepts in an easy way. I have found these very useful

[@SharonPepper1]

Thanks for saving my life guys. I have an economics exam upcoming week.

[@MarginalRevolutionUniversity]

That's what we're here for. :) Best of luck on your exam, Sharon! -Meg

[@SharonPepper1]

Marginal Revolution University Thanks! It went really well (:.

[@MarginalRevolutionUniversity]

Awesome! :D Hope it comes back with an A+. -Meg

[@calebcochran27]

@SharonPepper1 any notes you’d recommend taking for the exam?

[@AMITKUMAR-nf8in]

THANKS FOR AWESOME VIDEOS

[@MikeStedman]

@1:39 If imports are NOT a factor of GDP (as mentioned in earlier video) then why does it diminish the Export factor (which IS a factor of GDP)?

[@bobzsq]

You should have some videos about how different countries measure GDP......like SNA1993(which China uses) , SNA2008(US) and ESA2010(EU).

[@firstpostcommenter8078]

2:00 government purchase and spending are not the same

[@fairy8871]

Thank you so much, this video helped me a lot ^_^ I have subscribed.

[@maritasithole4554]

Thanks so much guys. Your explanations are well articulated and educative. Thumbs up

[@MarginalRevolutionUniversity]

Thanks for the feedback! -Roman

[@zeno4253]

I don't think that a fall in government spending would necessarily affect GDP because government funds come from taxes and borrowed money which originated from private consumption and investment.

[@retak4110]

If the fall in government spending is not accompanied by a fall in taxation then it does affect GDP

[@mrturnables1]

First of all, government spending never affects GDP. Government purchases does. If that is what you meant though, it does! GDP measures the value of finished goods, not the amount of money in a country. When government make purchases, they are still buying new goods/services!

[@daeconoholic1784]

In the equation GDP = C+I+G+(X-M), does investment 'I' includes inflow of Foriegn direct investment (FDI) ? Does investment 'I' includes spending by domestic businesses only? Does investment 'I' includes spending by foreign businesses in the form of Foreign direct investment (FDI) ?

[@MarginalRevolutionUniversity]

There is a new Facebook group that is great for getting answers to these sorts of econ questions. The good folks from MRU are there as well as a ton of other teachers, professors, etc. Do you mind posting your question there? Ask for access and we'll get you added. facebook.com/groups/368132746912810/ -Roman

[@adityajaiswal4605]

please get me added too i also have a lot of questions

[@sandeepmehta67]

Can the difference between the two approaches accounted for by inventory build up ?

[@preethiselvaraj718]

Great stuff! So informative

[@nrityapriya9805]

This is an awesome lecture I have ever seen :)💟

[@Andrei-re3dm]

I have a question . In 2000 the GDI was above the GDP . The GDI should not be under the GDP ?

[@mkhalifa60]

Thank you, well done!

[@thomasedgerley7453]

Maybe I missed a video or lesson on this but how does charitable donations factor into GDP?

[@ArtemRaskin]

Thomas Edgerley they don't, same reason why government transfers don't count, as explained in the video

[@shehreyar.khan.]

Superb, best experience I have so far.

[@danvaca31]

May I ask you a question? When I as a consumer buy a car than is it counted to consumption, but when I as an entrepreneur buy a car to my company, than is it counted to investments?

[@mrturnables1]

Yes, if it is a new car!

[@joepittman2171]

good stuff!

[@saeids.6364]

So GDP is "produced goods and services" or "produced and sold goods and services"? what if tanks and pens are produced in the country and government has not yet bought them?

[@snehamirchandani1109]

dude that goes in the stock or inventory investment and it is still counted as produced, the year it is sold it gets counted in the consumption part

[@Jokster1]

Good stuff

[@aronglkr]

New subs here

[@dirklang1]

Are you Kidding, Love MRU!

[@junyihou8858]

USEFUL

[@lehi93]

i wish to enroll with u

[@sribharanidevagupta7622]

I'm unable to like this video. Thanks for making it so simple.

[@justinsandolph4861]

look I just need to keep watching because am just not getting it

[@mrturnables1]

Really?? Then Economics is probably not your thing!

[@mrsshaukat9669]

Cgi and ripe

[@vildanozalp.]

I wish I’d have found you guys earlier not before the last exam 🥲 you’re amazing! I’ve wasted my precious times by trying to read stupid pages.. Even though I’m going to watch all to learn efficiently, thank you 👏🏼👏🏼✨✨