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An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles .
Lists by economic indicators (6 C, 35 P) Economic indicators of United States currencies (4 P) A. Advertising indicators (7 P) B. Bond market indices (1 C, 15 P)
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), Gross national income (GNI), net national income (NNI), and adjusted national income (NNI adjusted for natural resource depletion – also called as NNI at factor cost).
The mainstream economic models of the 20th century, defined here as those taught the most in Economics introductory courses around the world, are neoclassical. The Circular Flow published by Paul Samuelson in 1944 and the supply and demand curves published by William S. Jevons in 1862 are canonical examples of neoclassical economic models ...
Macroeconomic indicators are aggregated statistics for a geography, population, or political jurisdiction gathered by agencies and bureaus of various government statistical organization, and sometimes by private organizations using similar techniques.
Nominal GDP per capita typically is an indicator for living standards in a given country as well. [16] Brazil, China, India, Mexico and South Africa meet annually with the G8 countries to discuss financial topics and climate change, due to their economic importance in today's global market and environmental impact, in a group known as G8+5.
Global economic indicators (21 P) I. Income inequality metrics (15 P) N. National accounts (2 C, 73 P) P. Price indices (2 C, 50 P) S. Social statistics indicators (4 P)
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