FinShiksha - The GDP Equation Decoded - What is needed for 10% GDP growth?
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- čas přidán 25. 07. 2024
- Gross Domestic Product is the sum total of all the production (output) that has happened in a country, in any period. Under the consumption method, we can calculate GDP using the following equation
GDP = G + C + I + X - M
Here
G = Government Expenditure
C = Private Consumption Expenditure
I = Investments
X-M = Net Exports (i.e. Exports minus Imports)
For India, Private Consumption is close to 60% of our overall GDP, which is a big advantage since this is a consumer driven economy, and it does not face too much problem even if there is a global slow down.
However, it also means that consumption needs to keep growing (jobs need to keep growing for that) for us to keep growing at 8%.
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Simple way of schooling a complex concept. Thank you SIR.
Thanks....Keep uploading
Most under rated channel of the decade. As a finance professional your videos are helping me upskill a lot. Huge thanks to you.
Wow, thanks! Glad you found the content to be helpful
Wow.....super sir
Beautifully Explained.
Thanks! Glad you liked it
Learning a lot from your videos! Would be great if you can shed some light on the Indian PE sector, from both career and industry perspectives (especially issues with the leveraged transactions). Thanks
Really well explained. Can you please make a similar video on the GDP equation using income approach and the Balance of Payment equation?
brilliant video!!
Glad you liked it!
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I just had a request Please make a video on careers in financial statements analysis domain. Finshiksha also has course on this.
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Noted. We will try and make that.