English Vocabulary for Economics VV 33 - Macroeconomics (Lesson 1) | Financial English Vocabulary

source: Business English Pod     2013年4月17日
In this http://VideoVocab.TV lesson, we'll look at some English macroeconomic terms, such GDP and GNP. We'll explore the natural business cycle, which includes periods of expansion, recession and sometimes even depression. We'll also look at the idea of trade balance between countries, which can be described as either a trade surplus or a trade deficit.