Last week, my first-year students learned more about how we measure the economy, specifically how big it is and whether it's growing. The measure is of course the Gross Domestic Product. There are a variety of factors that can accelerate or slow down growth, but after a bit of load shedding, the class adjourned without us talking about how the economy is going at the moment. I would like to share a short summary with everyone, starting with the supply-side indicators.
* The Economics Minute is supported by the NWU Business School.
