How is GDP calculated?
Economists have some simple key models to understand our complex economies. One such model is the circular flow model. This model comes handy when we… Read More »How is GDP calculated?
Economists have some simple key models to understand our complex economies. One such model is the circular flow model. This model comes handy when we… Read More »How is GDP calculated?
IMF projects lower global GDP growth of 3.6% for the next two years IMF’s World Economic Outlook report published on April 19, 2022 has predicted… Read More »Global economy will slow down in 2022 and 2023. What policy measures the governments should take to get back to growth trajectory?
The most widely used indicator for the overall health and size of an economy is its GDP statistics. Government and businesses use these statistics to… Read More »What is GDP? In the world of LOL, BRB, IDK, should I need to know another acronym?
A lot of people think economics is all about money, banks, complicated graphs, and mathematical modeling, but truly speaking it is much more interesting than… Read More »What is economics and why should I learn it?
Hello! My name is Parul Verma and I love Economics. I got fascinated by this course in high school when I was first introduced to… Read More »About me and why did I start this blog?