Explore how aggregate demand and GDP connect and differ, using insights from Keynesian economics to understand macroeconomic principles.
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 ...
Economic growth refers to the increase in goods and services production over set periods, often measured by GDP or GNP, ...
The GDP value of AI is smaller than it might appear given that a lot of high-tech equipment is imported, according to a ...
AI’s most immediate macroeconomic impact has come through spending, not productivity. In 2025, U.S. private investment surged ...
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 ...
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 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, ...