Part of the Bureau of Labor Statistics' website, the major sector Productivity and Costs program produces quarterly and annual output per hour and unit labor costs for the U.S. business, nonfarm business, and manufacturing sectors....

This site provides statistics for manufacturing and productivity in the USA in various economic sectors.

High-level site provides a definition and a numerical example for total product. You need to scroll down to the large chart to find this information.

Site provides a good description of the concept of "marginal productivity" along with other related terms such as marginal costs, marginal revenue product, and derived demand.

Provides a definition of productivity in economics, describes several models of production, and explains how productivity can be analyzed.

By the end of this section, you will be able to explain recessions, depressions, peaks, and troughs; evaluate the importance of tracking real GDP over time; and analyze the impact of economic fluctuations on a country's output and price...

Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape...

Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....

This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.

Part of an extensive website from the Council on Foreign Relations devoted to understanding all aspects of terrorism and its implications for the United States, this section focuses on the economic impact of the September 11, 2001...

A description of inflation, deflation, the consumer price index, and the implicit price deflator.

Practice what you have learned about the difference between marginal cost, average variable cost, and fixed costs in this four-question exercise.

Lesson explores where electricity comes from, how much it costs, and the amount of coal that is used. Students will relate these concepts to how much coal is needed to light their school/classroom for one hour.

Through a series of videos and notes, lesson gives students a better understanding of the production possibilities curve and how it applies to economics.

This site is loaded with information on solid waste and hazardous waste. It includes industries' effects on the environment, waste programs, treatment, control, pollution prevention, recycling, and cleanup programs.

An intermediate level course in microeconomics from MIT. Includes suggested readings, lecture notes, assignments, and exams.

Inventing isn't just about coming up with a great idea; that's the easy part! There's also the matter of turning an idea into a product that sells enough to recoup the cost of putting it on the market. And there's the ever-present...

In this lesson, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations do influence the price of oil and thus the price of gasoline, other factors also influence the price.

This article focuses on the structure of costs in the short run; some costs are fixed, so you can't do anything about them. It includes a questions.

By the end of this section, you will be able to do the following: Use the Consumer Price Index (CPI) to calculate U.S. inflation rates; Identify several ways the Bureau of Labor Statistics avoids biases in the CPI; Differentiate among...

In the long run, you can change anything about your business, so all costs are variable.

Students will apply the concepts of scarcity, choice, and opportunity costs using a production possibilities curve. Students will interpret points inside and outside the curve. As an extension, students will see the relationship between...

Students will explore the basic cost of mining, transportation and manufacturing activities under the concept of Weber's least-cost theory. The goal of this activity is to simulate a basic cost analysis of ore mining and optimal location...

Through this economics lesson you will learn about widget production. One of the tasks is to see how productivity can help solve problems.