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An explanation of GDP

An explanation of GDP
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Key Info
  • An explanation of GDP
  • Duration: 01:57
  • A short, non-technical account of Gross Domestic Product (GDP), starting with its component parts (without using further jargon such as primary, secondary and tertiary) and ending with the observation that it looks backwards, not forwards. This BBC News clip is published as part of BBC News Online and was first broadcast on 23 July 2010. Please note this clip is only available in Flash.
  • Subject:

    Business Studies

       Topic:

    Finance

  • Keywords: GDP, GNP, national income, recession, news, finance
Ideas for use in class
  • The non-technical nature makes it suitable for any course that requires a broad understanding of the term. Would make a useful part of a package of clips for revision.
Background details
  • Clip language : English
  • Aspect ratio : 16x9
Video options
  • Location of Flash Video clip:

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