29th Nov

The Future of Economics: Dr Reetu Verma on measuring economic growth

  • podcast
  • 30 mins

Economic growth is typically associated with an improved standard of living and a reduction in poverty. But is this always the case?

As income inequality grows and loneliness rises, senior economic lecturer at The University of Wollongong Dr Reetu Verma outlines why solely relying on Gross Domestic Product (GDP) as a measure of economic output can be detrimental to society.

We discuss how the economy is traditionally measured and how this can hinder quality of life aspects such as health, well-being and happiness while Dr Verma puts forward some suggested economic measures to go alongside GDP.

Our Team This week

Dr Reetu Verma

Dr Reetu Verma

Senior Lecturer at the University of Wollongong

Dr Reetu Verma is the senior lecturer in the faculty of business and economics at the University of Wollongong as well as the Founder of Healing Health and Happiness.


Jacob Kearnes

Producer and Host

Having always had a strong interest in financial markets, Jacob completed a bachelor’s degree in finance and economics. While studying however, Jacob discovered his true passion was marketing psychology and the science behind what makes people buy. During his studies, Jacob went on to start his own e-commerce brand which laid the foundations of his marketing and business knowledge. With a good attitude, willingness to learn and friendly demeanour, Jacob makes an excellent addition to Investor Intelligence team.

FAQ Series

Have a question about investing? Ask Luke Harris.

Each month we like to present a dedicated FAQ episode where we take questions from our listeners and put them to our resident expert, Luke Harris. With more than two decades of residential and commercial investment experience under his belt, Luke has seen the best and worst of the property market.

Have a question you want answered? Let us know on the link below.