Real GDP and nominal GDP | GDP: Measuring national income | Macroeconomics | Khan Academy

Using real GDP as a measure of actual productivity growth

Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course

About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.

For free. For everyone. Forever. #YouCanLearnAnything

[fiskylulany]

just spent my last 5 weeks sleeping in and out in class and now my midterms test is in a week. this will save me from failing my macroeconomics class i know it

[compulsin]

Shooting for that A+ on the 1st year Macro Econ midterm tomorrow, and I'm a C student.

Made possible by the one and only Khan.

[divyarajsingh]

Really....this has become my last and ultimate resort to clear my concepts..thank u from core of my heart.

[bbcali]

Clear and concise. Thank you for explaining so well!

[andrew]

Thank you so much Kahn! You explained it so much better than my macro book. They want us to use some stupid price index shit which is confusing, thanks again mate!

[vixonjoycemonk]

Brilliant, thank you so much, made that a lot clearer :) 3 hours and a bit till my exam and been up all night :)

[purplesky]

Nnnooow I'm starting to understand it better. Gonna watch the whole series so I can ace this test. Thank you as always.

[WILMERRAPOZO]

I had an idea but some doubts. Your explanation solidified my understanding. Thanks a bunch for taking the time to make this video. I wish those who did not like "like" on the video would explain what they see wrong with this video.

[saraOTB]

Thank you so much!! This is by far the best explanation of real GDP and nominal GDP!

[ByOakk]

thanks you are really good at explaining the difference! i have a test tommorow fml

[jeev_]

This is extremely helpful! Finally, I find a wonderful explanation that i can understand well.
Thank you so much!

[nirajcit]

Exactly, what a awesome explanation. You are legend. Thank you very much.

[powerslave]

Wow thanks for explaining that, I have always wonder what's the difference between Nominal and Real GDP means

[ayjay]

I am so much in debt to you for teaching me so much! :)

[bagondreamer]

the axis should be switched: quantity as x and price as y

[Sarasabahelkheir]

I love this guy when I hear his voice I know am passing at least with an -A❤ much respect

[uttamo]

@cheddyrod this is a really simple example. we could also say its gdp depends on foreign relations, price of oil, UN regulations etc... this is a simplified example to help you understand the basics.

[kanwarzzz]

Thanks sir ! For explaining in such a simple manner!

[JohnJackson-yhow]

This video was wonderful for me thank you so much

[SuperRomil]

Very nice way of explaining the concepts.