Unified collaboration to support economic growth in Cattaraugus County
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Do You Keep Seeing “GDP” in News Headlines? Here’s What it Means
Intro
The economy is certainly on everyone’s minds, and even more so in a presidential election year. We routinely hear about such economic indicators as interest rates, inflation, unemployment and GDP. GDP is an abbreviation for “Gross Domestic Product”. This certainly sounds important, but what is it?
Why Are Things SO Expensive Right Now?? Part Two of our Econ Series
Econ 101 Series #2: Understanding Inflation
What Exactly is Economics and Why Should I Care? Part One: An Introduction
In this new series we’ll provide a basic overview of the field of economics and explain the importance to everyday life. Question: What do you think is the fundamental thing that economists are most concerned about? Hint: If you answered “money” you’re incorrect.