BNAD 100 Lecture Notes - Lecture 2: Management Consulting, Analytical Skill
Document Summary
The job market and ability to earn a living. The cost of the things you buy. The value of money you have saved. The cost and quality of your education. The wealth and resources of a country or region, especially in terms of the production and consumption of goods and services. The economy affects people and their quality of life- The value of all goods and services produced in a country in a given period of time. Everything made bought and sold in the us. Growth is continuous (except dip in 2007-2008) Economists say if it"s growing 3% every year, everyone is happy. How does it compare with other countries. Followed by eu, china, japan, india, brazil, canada, then the rest of the countries. Gdp per capita measures the average income per person in a country. Us gdp divided by us population-us gdp per capita.