The production account – measuring GDP
Show how GDP may be estimated from the production side. Focus is on value estimates.
Measuring expenditure on GDP
Show how GDP may be compiled from the expenditure approach. Focus is on value estimates.
Measurement issues in GDP
Identify possible reasons why the production-based and expenditure-based estimates will almost certainly not balance; and Show how the SUT tool may be used to assist…
Estimating GDP in practice
Describe some practical methods for estimating GDP in a timely way. Explain practical steps in establishing a benchmark level of GDP and its components. Show…
Income and Capital Accounts
Introduce concepts of GNI, GNDI and savings – what they are, why they are important, how they are used and how to calculate.
Classifications
Explain the need for classifications and describe and detail the classifications with emphasis on those used for national accounts and prices.
Data from Taxation Systems
Introduce the various forms of tax data and their uses as data sources.
