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Economics presentation
 

Economics presentation

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    Economics presentation Economics presentation Presentation Transcript

    • Economics Presentation
      PRESENTED BY:-
      Ghanshyamgupta
      ghanshyamgupta7@gmail.com
    • WHAT IS GDP
      GDP – 1.22$ Trillion in 2008
      GDP rate – 6.7 % overall
      It represents the total dollar value of all goods and services produced over a specific time period - you can think of it as the size of the economy.
    • SIZE OF GDP OF INDIA IN 2008
    • GDP DEFLATOR
      In economics, the GDP deflator (implicit price deflator for GDP) is a measure of the level of prices of all new, domestically produced, final goods and services in an economy.
      GDP Deflator =(Nominal GDP*100)/Real GDP
    • GDP DEFLATOR IN 2008
    • CONSUMER PRICE INDEX
      A consumer price index (CPI) is a measure estimating the average price of consumer goods and services purchased by households.
    • DIFFERENCE
      GDP DEFLATOR CPI
      * All goods & services produces * On the basis of basket which
      Within the country. Includes few consumable goods.
      * Change in price of all goods & * Change in price of goods
      services. Included in basket.
      * Measured Weakly. * Measured yearly.
      * Measure all goods & services. * Measure only consumable good
      & services.
    • WHOLESALE PRICE INDEX
      A Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods. 
    • DIFFERENCE
      CPI WPI
      * It measures inflation * It measures at each stage
      in final stage
      * Price increase for * Price increase for
      end consumers producer & traders
    • PRICE INDEX ?
      * IN INDIA WE USE---------?????
      CPI / WPI
      * WE USE BECAUSE---------
    • WEIGHTAGE TO CPI & WPI
    • INFLATION
      WHAT IS IT ?
      HOW IT AFFECTS ECONOMY ?
      WHAT CAUSES INFLATION ?
      INFLATION SITUATION IN PAST FEW YEARS
    • CONCLUSION
    • Thank you