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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:03:30,123 --> 00:03:32,443 guys Anyways, take care and we'll see you in the next 2 00:03:23,843 --> 00:03:27,083 up online on trade and economics you can always see 3 00:03:27,083 --> 00:03:30,123 this this type of data that we've got right here but yeah 4 00:03:05,643 --> 00:03:10,243 this in more depth and looking at the components that actually 5 00:02:15,883 --> 00:02:20,323 then what we look at right here is the GDP growth rate. And 6 00:02:20,323 --> 00:02:27,283 then what you can do is also use this in a in comparison and 7 00:02:37,363 --> 00:02:39,963 essentially puts all the countries listed so we got 8 00:02:48,923 --> 00:02:51,603 data provides us with a comparative view of the key 9 00:02:04,883 --> 00:02:08,683 here. Uh you can look at the GDP of each country. So it puts 10 00:02:11,683 --> 00:02:15,883 indicator. You got GDP, labor, health, everything else. And 11 00:02:30,763 --> 00:02:33,763 trading view trade and economics provide so this is 12 00:02:45,603 --> 00:02:48,923 essential countries that we'll be looking at and this this 13 00:02:27,283 --> 00:02:30,763 in contrast to other economies as well and that's also what 14 00:02:39,963 --> 00:02:45,603 United United States China the Euro area Japan Germany all the 15 00:02:08,683 --> 00:02:11,683 for example we've looked at the United States as an economic 16 00:02:33,763 --> 00:02:37,363 from the homepage if you scroll right to the bottom but 17 00:02:01,403 --> 00:02:04,883 on the indicator tab if you search up right at the top over 18 00:03:18,123 --> 00:03:23,843 a simple lesson so if you guys definitely want as well check 19 00:02:59,123 --> 00:03:02,123 it's just understanding that GDP is one of the most 20 00:03:10,243 --> 00:03:14,363 show what that can help us predict what GDP is going to be 21 00:02:54,603 --> 00:02:59,123 fundamentals youth and GDP so this lesson is quite simple 22 00:03:14,363 --> 00:03:18,123 like through CPI data and everything else but yeah quite 23 00:03:02,123 --> 00:03:05,643 important factors of course we're going to be looking at 24 00:02:51,603 --> 00:02:54,603 countries where we can start to formula our views on the 25 00:01:46,243 --> 00:01:49,323 for it. So the main website that we use is trade and 26 00:01:37,283 --> 00:01:39,963 it's one of the biggest parts of the productivity of a 27 00:01:53,363 --> 00:01:56,083 it's something that will you know will be looking at more 28 00:01:56,083 --> 00:02:01,403 and more as we get through the course. Um so you can search up 29 00:01:11,763 --> 00:01:15,163 basic fundamental terms we can compare the GDP growth rate 30 00:01:15,163 --> 00:01:18,603 between certain countries to get the general bias on which 31 00:01:27,563 --> 00:01:31,523 country, it's not just the GDP, it's understanding the imports 32 00:01:31,523 --> 00:01:37,283 and the exports as well. Um but a lot of the GDP is you know 33 00:01:49,323 --> 00:01:53,363 economics. Definitely put this on your favourite list because 34 00:01:02,283 --> 00:01:05,483 there's been ah this amount of GDP for this year. But what 35 00:01:39,963 --> 00:01:46,243 country. So how do we actually understand GDP and get the data 36 00:01:21,963 --> 00:01:24,643 factor that we look at but it's part of the essential 37 00:01:24,643 --> 00:01:27,563 checklist. So of course it's more to productivity in a 38 00:01:08,323 --> 00:01:11,763 does that mean relative to other countries as well? In 39 00:01:18,603 --> 00:01:21,963 the economy is performing better. However this is one 40 00:01:05,483 --> 00:01:08,323 does that mean relative to what we've seen before? And what 41 00:00:58,723 --> 00:01:02,283 of growth. Because it's all well and good in seeing ah yes 42 00:00:55,803 --> 00:00:58,723 of an insight into how well a country's performing in terms 43 00:00:42,863 --> 00:00:47,983 QOQ. Um obviously you've got different types of GDP readings 44 00:00:27,223 --> 00:00:29,943 monetary measure of the market value of all the goods and 45 00:00:52,603 --> 00:00:55,803 actually look at is the GDP growth rate as it gives us more 46 00:00:29,943 --> 00:00:33,583 services produced in a specific time period. So in terms of 47 00:00:40,383 --> 00:00:42,863 then of course you've got quarter on quarter which is 48 00:00:47,983 --> 00:00:52,603 but these are the main ones that we look at. Um Now what we 49 00:00:33,583 --> 00:00:40,383 time period you've got year on year which is YOWL or Y O Y and 50 00:00:15,343 --> 00:00:18,183 brief terms how it works. First thing we're going to be looking 51 00:00:06,703 --> 00:00:12,103 where we're really starting to you know understand the economy 52 00:00:18,183 --> 00:00:21,543 at is GDP. So this is all to do with the productivity of a 53 00:00:21,543 --> 00:00:27,223 country. So what is GDP? Uh gross domestic product is a 54 00:00:02,603 --> 00:00:06,703 Yes everyone, welcome to the next video. So this one is 55 00:00:12,103 --> 00:00:15,343 and moving on from that last video where we explained in 56 00:03:32,443 --> 00:03:34,643 video. 5165

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