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Introduction to National Accounts (Level 1) NPT

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Room 1.305, Newport

Newport, United Kingdom

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Description

THIS IS AN ONS EVENT ONLY

Aims

To introduce participants to:

  • the different approaches to measuring Gross Domestic Product (GDP)
  • the Balance of Payments
  • the division of the economy into sectors
  • balancing theory and practise

 Objectives

By the end of the course, participants will be able to:

  • describe the three approaches to measuring GDP
  • understand what is included in the Balance of Payments
  • list the characteristics of the sectors of the UK
  • understand why we need to balance
  • identify the participants in the economy and the transactions that flow between them

Duration: 1 day 

Prerequisites: Level 1 – none

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Room 1.305, Newport

Newport, United Kingdom

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