LESSON-1.pdf

Apuntes

LESSON-1.pdf Guilleee13 Economic Environment: Tools for Economic Analysis 1º Grado en Análisis de Datos en la Empresa Facultad de Ciencias Económicas y Empresariales Universidad Autónoma de Madrid Reservados todos los derechos. No se permite la explotación económica ni la transformación de esta obra. Queda permitida la impresión en su totalidad. . LESSON 1: REAL ECONOMIC ACTIVITY MEASURING ECONOMIC ACTIVITY What does the GDP include in its measurement? In order to measure changes, we can use: - Variation rate: it measures the change of a magnitude between two moments of time, expressed as a percentage. - Varia�on index: it measures the relationship between the value of a magnitude at a moment of �me with the value of the same magnitude at the moment that is taken as a base (the base is always 100). It isn ́t measure in any unit. TYPES OF MARKETS - Goods and services market: o Final o Intermediate - Productive factors market: o Labor o Capital VALUATION CRITERIA - Market / Non-market Reservados todos los derechos. No se permite la explotación económica ni la transformación de esta obra. Queda permitida la impresión en su totalidad. a64b0469ff35958ef4ab887a898bd50bdfbbe91a-9441063 ....