Economics presentation
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Transcript

  • 1. Economics Presentation
    PRESENTED BY:-
    Ghanshyamgupta
    ghanshyamgupta7@gmail.com
  • 2. 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.
  • 3. SIZE OF GDP OF INDIA IN 2008
  • 4. 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
  • 5. GDP DEFLATOR IN 2008
  • 6. CONSUMER PRICE INDEX
    A consumer price index (CPI) is a measure estimating the average price of consumer goods and services purchased by households.
  • 7. 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.
  • 8. WHOLESALE PRICE INDEX
    A Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods. 
  • 9. DIFFERENCE
    CPI WPI
    * It measures inflation * It measures at each stage
    in final stage
    * Price increase for * Price increase for
    end consumers producer & traders
  • 10. PRICE INDEX ?
    * IN INDIA WE USE---------?????
    CPI / WPI
    * WE USE BECAUSE---------
  • 11. WEIGHTAGE TO CPI & WPI
  • 12. INFLATION
    WHAT IS IT ?
    HOW IT AFFECTS ECONOMY ?
    WHAT CAUSES INFLATION ?
    INFLATION SITUATION IN PAST FEW YEARS
  • 13. CONCLUSION
  • 14. Thank you