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Gross domestic product definitions

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Intro to GDP: market value, final goods, and production within a country

Intro to GDP: market value, final goods, and production within a country

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Intro to GDP: market value, final goods, and production within a country

6:46

About this lesson

GDP Definition
  • Market value
  • Final Goods and Service
  • Production Within a Country
  • Given Time period

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Video 1 of 3

Intro to GDP: market value, final goods, and production within a country

7 min

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Circular flow of income and the GDP expenditure formula

10 min

Understanding gross vs. net and the role of depreciation in GDP

4 min