Macroeconomics

Fachhochschule Nordwestschweiz

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Summary Macroeconimcs - GDP

Samenvatting

Summary Macroeconimcs - GDP
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12

september 2025

2023/2024
This document summarizes the basics of macroeconomics and GDP, covering differences from microeconomics, macro goals, indicators, and welfare measures. It explains GDP measurement (expenditure, income, production), the circular flow model, CPI and inflation, sectoral balances, and the limits of GDP as a wealth indicator.
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