Economic Response Essay Assignment on GDP & Economic Growth

GDP is widely heralded in the media as the primary indicator of economic success—as a central benchmark for measurement and comparison of economic growth. As you have delved deeper into economic thinking, you may have begun to question the strength of this metric.

Please write a 2 page response to the prompts below. Your paper should be in APA format with a title page, at least 3 outside resources cited on a reference page.

1) Is GDP a strong indicator of a given country’s overall economic success? Why or why not?

2) Aside from GDP, what other metrics would you consider most relevant to understanding the health and growth of a given economy? Why?

3) Applying the above conclusions to the current global economy, which country and/or countries do you believe are currently the most economically successful? Defend your answer.

GDP is widely heralded in the media as the primary indicator of economic success—as a central benchmark for measurement and comparison of economic growth. As you have delved deeper into economic thinking, you may have begun to question the strength of this metric.

Please write a 2 page response to the prompts below. Your paper should be in APA format with a title page, at least 3 outside resources cited on a reference page.

1) Is GDP a strong indicator of a given country’s overall economic success? Why or why not?

2) Aside from GDP, what other metrics would you consider most relevant to understanding the health and growth of a given economy? Why?

3) Applying the above conclusions to the current global economy, which country and/or countries do you believe are currently the most economically successful? Defend your answer.

GDP is widely heralded in the media as the primary indicator of economic success—as a central benchmark for measurement and comparison of economic growth. As you have delved deeper into economic thinking, you may have begun to question the strength of this metric.

Please write a 2 page response to the prompts below. Your paper should be in APA format with a title page, at least 3 outside resources cited on a reference page.

1) Is GDP a strong indicator of a given country’s overall economic success? Why or why not?

2) Aside from GDP, what other metrics would you consider most relevant to understanding the health and growth of a given economy? Why?

3) Applying the above conclusions to the current global economy, which country and/or countries do you believe are currently the most economically successful? Defend your answer.