Economics presentation

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

Economics presentation

by Ghanshyam Gupta

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