Tag: Gross Domestic Product
WHAT THEY DON’T TEACH YOU IN ECONOMICS: Does Gross Domestic Product (GDP) even matter?
If you’re studying economics, you’ve already been introduced to the concept of GDP. Even if you’re not, you probably know that it plays a pretty big role in policy making. Everyone’s read the headlines “growth up 2.6 per cent”, or heard various politicians promise to boost this figure if elected – in all this fuss,…