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Chapter 2 - Real Economic Activity

Published online by Cambridge University Press:  09 January 2019

Leslie Lipschitz  and
Susan Schadler
Leslie Lipschitz
Affiliation:
Bowdoin College, Maine
Susan Schadler
Affiliation:
Center for International Governance Innovation
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Summary

This chapter covers the measurement and analysis of a country’s aggregate economic activity, a term typically used synonymously with total output. The chapter is concerned with “real” measures and concepts – i.e., measures that do not include changes in prices.

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Macroeconomics for Professionals
A Guide for Analysts and Those Who Need to Understand Them
 , pp. 7 - 52
Publisher: Cambridge University Press
Print publication year: 2019

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