Title: Lecture: (CU2 M1) Measuring Total Output
Course: SkillsCom EC 202 15.0 > Section: Credit Unit 2 Module 1 - Measuring Total Output

Read all of the Module 1 slide show, "Measuring Total Output." Pay special attention to the topics mentioned in the Module 1 Introduction.

It is very important to understand how to calculate gross domestic product. This presentation gives another example of calculating nominal and real GDP. It also shows how one way to use the GDP deflator. Read the full slideshow, and use this as another way of understanding the components of GDP.

Chapter 8 PowerPoint presentation located in Pearson MyEconLab: Multimedia Library.

- Measuring Total Output
- Example: Calculating GDP