Free Professional Development
Students will examine GDP and how it is measured. Students will understand how GDP is used to track the economic growth.
29 Sophia partners guarantee credit transfer.
314 Institutions have accepted or given pre-approval for credit transfer.
* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 27 of Sophia’s online courses. Many different colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.
What is the definition of GDP?
What is the expenditure approach to calculating GDP?
What is and is not counted in GDP?
What is the difference between real and nominal GDP?
Could I draw the circular flow model if asked?
What is the consumer price index and what is the formula for calculating it?
