Khan Academy
Khan Academy: The Circular Flow Model and Gdp
Practice what you have learned about the circular flow model and how gross domestic product (GDP) is calculated in this four-question exercise.
Texas Education Agency
Texas Gateway: Chapter 5: Comparing Gdp Among Countries
By the end of this section, you will be able to explain how GDP can be used to compare the economic welfare of different nations, calculate the conversion of GDP to a common currency by using exchange rates, and calculate GDP per capita...
Robert Schenk, PhD
Gross Domestic Product
Provides a very thorough explanation of gross domestic product including charts and the calculation process.
Council for Economic Education
Econ Ed Link: Closing the Gap
The students learn what GDP is. They will learn different measures of GDP as well as how GDP per capita can be used to compare countries. They will also calculate GDP per capita and learn how poorer countries can converge, or close the...
University of Nebraska Omaha
Ec Ed Web: Places and Production
In this lesson from the University of Omaha, "Students calculate United States GDP and GDP per capita, use a choropleth map to acquire information, and create choropleth maps of GDP per capita in South America. They identify regions with...
Texas Education Agency
Texas Gateway: Chapter 5: Adjusting Nominal Values to Real Values
By the end of this section, you will be able to contrast nominal GDP and real GDP, explain the GDP deflator, and calculate real GDP based on nominal GDP values.
Council for Economic Education
Econ Ed Link: Exchange Rate Calculator
Use this exchange rate calculator to determine whether the U.S. dollar has appreciated or depreciated against other currencies.
Council for Economic Education
Econ Ed Link: Avatar, King of the Box Office?
On January 26, 2010, the film Avatar officially topped Titanic as the top-grossing film of all-time at the box office. However, the following day, Forbes.com published an article entitled Is Avatar Really King of the Box Office? The...
Khan Academy
Khan Academy: Nominal vs. Real Interest Rates
Practice what you've learned about the distinction between the nominal interest rate and the real interest rate, as well as how to calculate both of these key measures.
Khan Academy
Khan Academy: Lesson Summary: The Expenditure and Tax Multipliers
In this lesson summary we cover the key takeaways and terminology related to spending multipliers and tax multipliers. Topics include how to calculate the expenditure multiplier and the tax multiplier.
The Balance
The Balance: What Is Income Per Capita
Income per capita can mean several things, depending on how it is measured. This article explains the various measurements, as well as other ways to measure income.
Social Science Education Consortium
Ssec: Inflation: Are Higher Prices the Only Problem? [Pdf]
This investigation begins with a discussion of spare change. Students are asked to compare and analyze peoples' attitudes toward coins today to those of the past. Students then complete an activity that teaches them how to compare...
Texas Education Agency
Texas Gateway: Chapter 8: How Changes in the Cost of Living Are Measured
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...