How Are Aggregate Demand and GDP Related?

Explore how aggregate demand and GDP connect and differ, using insights from Keynesian economics to understand macroeconomic principles.
The Beaumont Enterprise

Aggregate Output vs. Aggregate Income

For economists trying to measure the health of an economy, there are a number of similar sounding but slightly different concepts that can confuse those without a background in macroeconomics. Two of ...
Project Syndicate

The Two Sides of Chinese GDP

Many economists care more about China’s per capita GDP, or income per person, than the aggregate measure. The key takeaway is that China remains a poor country, despite its phenomenal headline ...
The Nation Newspaper

Would GDP rebasing make any meaningful impact on real income?

In the last few months, there have been talks about rebasing the two important economic indicators, the Gross Domestic Product (GDP) and the Consumer Price Index (CPI). While the GDP calculates the ...
The Nation Newspaper

Non-oil sector accounts for 90.75% of aggregate GDP

The National Bureau of Statistics (NBS) has said the non-oil sector was responsible for 90.75 per cent of aggregate Gross Domestic Product (GDP) in the first quarter (Q1) of theh year. The record, ...
Seeking Alpha

Median Household Income In February 2023

Political Calculations' initial estimate of median household income in February 2023 is $80,893. After last month's substantial revisions, the Bureau of Economic Analysis' latest revisions of its ...