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GDP and the economic cycle.wmv

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Uploaded on Oct 25, 2011

An informal and accessible introduction to GDP (Gross Domestic Product) and the Economic Cycle. From the website www.economicsrevealed.co.uk - teacher, lecturer and speaker Nick Langston-Able gives an 'off-the-cuff' explanation of GDP and growth with reference to the UK economy. He then explains the economic cycle including the concepts of an upturn, downturn, slump, recession, and boom.

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  • Mohammad Obeidat

    Mohammad Obeidat 4 months ago

    Thank you

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  • 93Bashi

    93Bashi 1 year ago

    THANKS !! you've helped me, I can see how simple the economic cycle is now

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  • 24Dmalik

    24Dmalik 1 year ago

    this has actually been quite useful ... thank you

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