About Economics: Big Macs, Sleep, and the Federal Reserve

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From Jodi Beggs

Hi all,

In honor of many of you likely being sleepy after last night's big game, I included an article about the effect of missed sleep on economic output. :)

Cheers,
Jodi

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The Latest Installment of the Big Mac Index...

The Economist uses the Big Mac as the representative good in its analysis of purchasing-power parity, now updated for 2014. Can you think of why this might not be... Read more

On the Economics of Sleep...

Leave it to economists to analyze the effect that sleepy workers have on gross domestic product. Now go take a nap...and tell your boss it's for the good of... Read more

The Passing of the Torch at the Federal Reserve...

Last Friday was Ben Bernanke's last day as the head of the U.S. Federal Reserve. Today, Janet Yellen takes over the job, and she has her first meeting with... Read more

Calculating GDP Using Value Added

For those of you who lie awake wondering how GDP gets calculated when goods have imported parts.

Search Related Topics: gross domestic product aggregate production

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