Editing National Income and GDP (section)

== <span style="color: #FFFFFF;">Applying</span> ==
'''Modeling 'The GDP Calculation' (Predicting an economy's size):'''
<syntaxhighlight lang="python">
def calculate_gdp(c, i, g, x, m):
    """
    GDP = Consumption + Investment + Government + (Exports - Imports)
    """
    net_exports = x - m
    total_gdp = c + i + g + net_exports
    
    return {
        "Total GDP": f"${total_gdp:,}",
        "Trade Balance": "Surplus" if net_exports > 0 else "Deficit",
        "Net Exports": net_exports
    }

# Small Island Economy:
# C=500M, I=100M, G=200M, X=300M, M=400M
print(calculate_gdp(500000000, 100000000, 200000000, 300000000, 400000000))
</syntaxhighlight>

; Economic Landmarks
: '''The Invention of GDP (1934)''' → Simon Kuznets developed the modern system of national accounting to help the US government understand the effects of the Great Depression.
: '''The 'China Growth' Miracle''' → The period from 1980 to 2020 where China's GDP grew at ~10% per year, lifting 800 million people out of poverty.
: '''GNH (Gross National Happiness)''' → The country of Bhutan's alternative to GDP, which measures spiritual and environmental well-being instead of just money.
: '''The 2008 Financial Crisis''' → The global event that saw GDP shrink in almost every developed country at the same time, leading to the "Great Recession."
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