GDP, Unemployment, Inflation- EconMovies GDP 4.1%, Trump delivers 'tremendous' 2 weeks ago   06:30

Jacob Clifford
EconMovies explain economic concepts through movies. In this episode, I use the Back to the Future Trilogy to introduce the concepts of GDP growth, Nominal GDP, Real GDP, unemployment, and inflation. Good luck studying economics. This is heavy Doc!

Comments 93 Comments

Patricia Istanbouli
Thank you for every single video
Susan Snyder
Is the sound gone, or is it just me...I can't hear Mr. Clifford...but I can hear the background
Aaron Barker
The sound on this video is messed up.
From South Africa - Thank you:)
Margaret Mouka
Only one of my headphones works with this video
Emma Green 19
John Smith
whenever you talk my headset only uses one ear its really annoying xb
U make it become more interesting. Thanks for yr video!!!
Expand Dong
mr duffer was pretty salty when he showed us this in class lmao
F is the bomb
whats up with the scarry intro
Hi! Just shared this with my Economics class! Thank you. Want to collaborate?
Leticia Pozzi Malheiros
hey professor Jacob!!! I have a question, why phillips curve does not apply to Japan when the recession happened in 2008? according to the phillips curve, the unemployment rate was supposed to be much higher? why was it "low"?
my left ear enjoyed this
Shits crazy the Cubs won the world series 2 years after this video was posted lmaoo
Hamzah Patel
This guy deserves a Noble prize
Raymond Raymond
"What's a newspaper?" got me good sir
AbdelMajed Mohammed
Awesome, thank you!
venjer wang
what's the movie?
Tolu Vincent
Great job man you make macroeconomics more easier. Kudos
Alexa Martinez
I didn't understand the 3 billion readers part. Can someone explain? Sorry, I can be a bit stupid sometimes.
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GDP 4.1%, Trump delivers 'tremendous' GDP, Unemployment, Inflation- EconMovies 2 weeks ago   11:23

“Real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018,” the U.S. Department of Commerce reported.

Experts in the mainstream media claimed such growth would most likely be impossible. But now the GDP is at its best pace since 2014, boosting hopes that the economy is ready to break out of its decade-long slumber.

"We're on track to hit the highest annual growth rate in over 13 years," President Donald Trump said in remarks an hour after the report hit. "And I will say this right now and I will say it strongly, as the deals come in one by one, we're going to go a lot higher than these numbers, and these are great numbers."

Trump and European Union officials stepped back from a trade war as they struck a deal to work towards “zero” tariffs, barriers and subsidies. The EU also agreed to buy billions of dollars worth of American exports, including soybeans and natural gas, and work to reform international trade rules. “So we had a big day, very big,” the US president said in the White House Rose Garden.

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