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# Economics presentation

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### Economics presentation

1. 1. Economics Presentation<br />PRESENTED BY:- <br />Ghanshyamgupta<br />ghanshyamgupta7@gmail.com<br />
2. 2. WHAT IS GDP<br />GDP – 1.22\$ Trillion in 2008<br />GDP rate – 6.7 % overall<br />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.<br />
3. 3. SIZE OF GDP OF INDIA IN 2008<br />
4. 4. GDP DEFLATOR<br />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.<br />GDP Deflator =(Nominal GDP*100)/Real GDP<br />
5. 5. GDP DEFLATOR IN 2008<br />
6. 6. CONSUMER PRICE INDEX<br />A consumer price index (CPI) is a measure estimating the average price of consumer goods and services purchased by households. <br />
7. 7. DIFFERENCE<br />GDP DEFLATOR CPI<br />* All goods & services produces * On the basis of basket which <br /> Within the country. Includes few consumable goods. <br />* Change in price of all goods & * Change in price of goods <br /> services. Included in basket.<br />* Measured Weakly. * Measured yearly.<br />* Measure all goods & services. * Measure only consumable good<br /> & services. <br />
8. 8. WHOLESALE PRICE INDEX<br />A Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods. <br />
9. 9. DIFFERENCE<br />CPI WPI <br />* It measures inflation * It measures at each stage<br /> in final stage<br />* Price increase for * Price increase for <br /> end consumers producer & traders <br />
10. 10. PRICE INDEX ?<br />* IN INDIA WE USE---------?????<br />CPI / WPI<br />* WE USE BECAUSE---------<br />
11. 11. WEIGHTAGE TO CPI & WPI<br />
12. 12. INFLATION<br />WHAT IS IT ?<br />HOW IT AFFECTS ECONOMY ?<br />WHAT CAUSES INFLATION ?<br />INFLATION SITUATION IN PAST FEW YEARS<br />
13. 13. CONCLUSION<br />
14. 14. Thank you<br />