GDP 120 — On-demand course
Look beyond GDP growth to understand the spending components behind it. Explore the links between consumption, investment, government spending and trade, and how fiscal policy and taxes can influence economic activity. Study the recorded material at your own pace.
This course is provided by MCC Economics & Finance and focuses on GDP component behaviour, fiscal policy, taxes and trade.
Course provider
Economics, finance and applied analysis
MCC Economics provides analysis and advice across economics, finance and regulation. This course focuses on GDP component behaviour, fiscal policy, taxes and trade. Contact the team to confirm the named lecturer for your selected session or recording.
I heartily recommend PJ to anyone seeking input on the financial parameters that underpin different regulatory models.
GDP 120 examines consumption and investment, fiscal policy, tax effects and the interaction between trade and private expenditure. The recorded package includes a one-hour lecture video, slides, a transcript and a quiz. This is recorded study, with no live meeting. Check the Eventbrite listing for current access and ticket terms.
The course topics support three learning outcomes. They describe the concepts you will work through, rather than promising mastery from a single session.
This outline organises the topics described in the course listing. The summaries explain the subject matter in plain English.
These definitions support the course topic and help you interpret the material. They are explanatory context, not a promise that every term is a separate lesson.
| Term | Meaning |
|---|---|
| GDP | The value of final goods and services produced within an economy during a stated period. |
| Consumption | Household expenditure on goods and services. |
| Investment | Capital formation and changes in inventories; buying existing shares is not itself GDP investment. |
| Government purchases | Government expenditure on goods and services. Transfers are not direct purchases of current output. |
| Net exports | Exports minus imports. |
| Fiscal policy | Government spending and taxation decisions influencing economic activity. |
| Expansionary and contractionary policy | Policy measures intended to raise or restrain aggregate demand, respectively. |
| Fiscal multiplier | The output change associated with a fiscal change, dependent on the measure and economic context. |
GDP 120 suits learners interested in GDP component behaviour, fiscal policy, taxes and trade. Familiarity with the definition and basic components of GDP will help. No formal prerequisite is specified.
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MCC Economics brings economic and financial analysis to policy, regulation and investment questions. GDP 120 offers a focused introduction to GDP component behaviour, fiscal policy, taxes and trade. Explore its economic analysis services, research publications and team profiles to see the wider context of MCC’s work.
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GDP 120 examines consumption and investment, fiscal policy, tax effects and the interaction between trade and private expenditure.
This listing is for recorded course material, with no live meeting. Follow the access instructions provided with your registration.
The recorded package includes a one-hour lecture video, slides, a transcript and a quiz.
The indexed description specifies a one-hour recorded lecture. Allow additional time to review supporting material and complete the quiz.
The course is provided by MCC Economics & Finance. Contact the team to confirm the lecturer for your selected recording.
Familiarity with the definition and basic components of GDP will help. No formal prerequisite is specified.
No. Government purchases enter expenditure directly, while taxes and transfers can also influence private spending and investment.
Spending totals can include products made abroad. Deducting imports removes foreign production from the measure of domestic output.
No. Transfers are payments without a direct purchase of current output, though recipients may subsequently spend the income.
The retrievable listing does not specify a required software package or a completion certificate. Ask MCC if either matters to your training plans.
Contact MCC Economics through the consultation page to discuss team access or tailored training.
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