Guide to Economic Indicators: Making Sense of Economics

The ultimate resource for understanding and interpreting important economic figures Economic indicators are increasingly complicated to compute and comprehend. Yet in today's challenging economic environment, economic indicators are also more important than ever. This highly accessible seventh edition of the Guide to Economic Indicators presents the complicated subject of economic indicators in a conversational tone, helping readers to quickly gain an understanding of economic indicators, including why they're important, how to interpret them, and their reliability in predicting future economi.;Guide to Economic Indicators: Making Sense of Economics; Contents; List of tables; List of charts; 1: Interpreting economic indicators; 2: Essential mechanics; 3: Measuring economic activity; Omissions; Output, expenditure and income; Prices; Putting it in context; Reliability; 4: Growth: trends and cycles; Nominal GDP; GDP per head; Real GDP; GDP: output; GDP: expenditure; Productivity; Cyclical or leading indicators; 5: Population, employment and unemployment; Population; Labour or workforce; Employment; Unemployment and vacancies; 6: Fiscal indicators; Public expenditure.