National Accounts

09 Dec 2019 09:00AM - 11 Dec 2019 05:00PM
RES sponsored events

Location: 12 Errol Street London, EC1Y 8LX

Course Outline

This course is aimed at non-experts and is based on the second edition of the OECD manual "Understanding National Accounts". While the course covers the theoretical definitions of the main national accounts aggregates, it does it in a lively manner based on the concrete experience of the teacher.


Topics Covered

Day One

The essential macroeconomic aggregates: GDP, GNP, the basic accounting identities.

The national accounts machinery, integrated economic accounts and the limitations of national accounts aggregates.

Day Two

The volume/price split in spatial and geographical comparisons, and international comparability.

The production frontier and final uses.

The production frontier and final uses.

Household and business accounts.

Financial accounts.

Day Three

Financial accounts.

General government accounts.

GDP, well-being, globalisation and multinationals.

Further information

The OECD manual “Understanding National Accounts” by François Lequiller and Derek Blades is available free on line:

The OECD quiz on national accounts may be of interest to delegates to help measure their understanding of the course: