Economic measures are tools used to assess and analyze the performance of an economy. Common examples include Gross Domestic Product (GDP), which measures the total value of goods and services produced, and unemployment rate, which indicates the percentage of the labor force that is jobless. These measures help policymakers and economists understand economic health and make informed decisions. Other important economic measures include inflation rate, which tracks the rise in prices over time, and balance of trade, which compares a country's exports and imports. By examining these indicators, stakeholders can identify trends, challenges, and opportunities within the economy.