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Health Of The Economy And Its Measuring Indicators, J. Sugantham Parimala Ph.D.

International Review of Business and Economics

Health of the economy is an integral part of development and it is determined by the socio – economic factors like education, employment, population growth, income and environment. If the economy is not healthy internally, then it will not be able to interact effectively externally. Economists use a variety of indicators to assess the performance of the economy at a given time. By looking at changes in GDP we can see whether the economy is growing. GDP doesn’t necessarily tell us much about the state of the economy. But change in GDP does. If GDP goes up, the economy is …