Macro-Economics #1

GDP is…

Just one thing

What I tell you about is ...

Let’s think about Macro-Economics more.

It is veryinteresting and exciting.

Why do I tell you about this?

I was not interested in economics at all six month ago.

But now I'm interested in it and there are some reasons.

What is economics?

What is economics?

Micro Economics

Macro Economics

basic theories of supply and demand and how individual businesses decide their investment

ref : http://www.investopedia.com/

big picture focused on the national economy provides a basic knowledge of how things work in the business world

This is …

Economics≒

Business

Economics and Business

Why people are interested in these things?

Because...

Better economics

means…

Better life !!

You can be happier

by better economics

Why I can tell this?

More money, more happiness?

The indicator is

GDP divided by the country’s population

(GDP/person)

What is GDP ?

GDP = Gross Domestic Product

The amount of profit per country per year

The monetary value of all the finished goods and services produced within a country's borders in annual period

ref : http://www.investopedia.com/

same as…

GDP / person

I want to tell you …

indicates

each country's happiness

How come??

Correlation b/w GNH and GDP/person

GNH = Gross National Happiness

Choose the number from one to ten in order to rate how happy you are, one is sad :( , ten is happy:)

Average number of total amount of this point to each country

Question :

This survey result is from GALLUP which is a high reliability company of public opinion research and consulting

The result is…

Result of GNH and GDP year 2013

Australia

United States

Canada

Japan

China

ItalySpain

Panama

Russia

UK

Horizontal axis : GDP/person ($)Vertical axis : GNHCircle size : GDP

Correlation b/w HDI and GDP/person

HDI = Human Development Index

This Indicator is made up of three factors

GDPEducationLifespan

This survey result is from United Nations

The result is…

Result of HDI and GDP year 2013

0 20 40 60 80 100 120 1400

20

40

60

80

100

120

140

160

180

200

Switzerland

United States

China

Russia

Japan

Horizontal axis : GDP/person RankingVertical axis : HDI Ranking

According to the previous pages…

Relevance ratio of GNH and GDP/personRelevance ratio of GNH and GDP/personRelevance ratio of GNH and GDP/person :

Relevance ratio of HDI and GDP/person :

80%95%

This means …

The right direction is

Better economics, Better life !!

But someone says...

More money, more happiness ??

Cannot be happy with money only

It depends on each person when he/she feels happy

But... it does not mean …

Money makes you sad

Money cannot make you happy

If you think this way,

You can donate your money and be happy

Therefore

We can say

Better economics, Better life

Three advantages

Can be a business person who knows trend

Can talk with anyone who is interested in economics

When I went to Tohoku to visit my wife's hometown, I could speak with the elder relatives smoothly.

Can think about our future closely and more detail

Can think about our next generation

Our happiness related with economics!!!

Let's think about

economics more

and become happier

Thank youand

Next time...

Think about Japanese Abenomics