Glossary

Glossary

Term Book Chapter Definition
Gross Domestic Product (GDP) CFA Level 1 Exam Chapter 3: Economics A key indicator in macroeconomic analysis that measures the total market value of all final goods and services produced in a country in a given period. It is used to measure the size and growth of an economy.
Gross Domestic Product (GDP) Macroeconomics Chapter 2: Measuring Economic Activities The total monetary value of all finished goods and services produced within a country's borders in a specific time period. GDP can be calculated using three approaches: the production approach, the income approach, and the expenditure approach.