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Video on understanding GDP (Gross Domestic Product)



A short, non-technical account of Gross Domestic Product (GDP), starting with its component parts (without using further jargon such as primary, secondary and tertiary) and ending with the observation that it looks backwards, not forwards. This BBC News clip is published as part of BBC News Online and was first broadcast on 23 July 2010. Please note this clip is only available in Flash. Useful in Economic Issues Unit

Topics: GDP, HNC, F7J834, #hnbusiness, EB, SCQF Level 7
Year: 2012
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Provided by: Jorum Open
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