The Big Three: Inflation, GDP, and Unemp...
Debaere, Peter
The Big Three: Inflation, GDP, and Unemployment
G-0598 | Published August 10, 2007 | 10 pages Technical Note
Collection: Darden School of Business
Product Details
This note gives descriptive statistics of inflation, GDP (growth), and unemployment. How the statistics are calculated is discussed and issues specific to the 'Big Three' are mentioned. The note is part of the refresher course in Economics at Darden for incoming MBA students
The learning objectives are to refresh key concepts and tools from microeconomics and macroeconomics; emphasize the role of economics in the MBA curriculum; and show how analyzing economic agents as maximizers of profit and/or utility deepens one's understanding of the environment of the firm.
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