What is GDP Per Capita?
GDP per capita is an indicator, used by many countries to indicate the overall growth and development of a country. It is calculated by dividing GDP by the population of the country. It is studied under Macroeconomics, and is...
Recessionary Gap: Causes, Effects, and Potential Solutions
A recessionary gap occurs when the actual GDP (gross domestic product) is lesser than the GDP at full employment. The Buzzle article below outlines the definition of a recessionary gap along with its causes, effects, and potential...
Real GDP Per Capita
Real Gross Domestic Product (GDP) per capita is an important parameter in macroeconomics. In this article, we will understand the concept of GDP and the need of calculating the real GDP. We will also take a look at some limitations...
GDP vs GNP
Understanding the concepts of GDP and GNP properly is of prime importance in the field of economics. So, let us know about the GDP vs GNP comparison in detail through this article.
GDP vs GPI
In this article we will be telling you about the differences between GDP vs GPI. Both these terms measure the economic output of a country and are essential parts of macroeconomics, but there are some major differences in the two...
Relation Between GDP and the Business Cycle
Explaining the relationship between GDP and the business cycle can be quite difficult since it requires understanding both these terms individually. Both these terms are dependent on each other, though, and are a reflection of the...
Real GDP Vs. Nominal GDP
The aim of the comparison presented in this article is to clear out the difference between nominal and real GDP.