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Council for Economic Education

GDP Data: Is the Economy Healthy?

For Teachers 9th - 12th Standards
Does the economy needs a check-up? Scholars analyze the gross domestic product (GDP) to determine the overall health of the current economy. They use a short video clip as well as economic data to determine the current growth of the...
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Worksheet
Federal Reserve Bank

GDP: Does It Measure Up?

For Students 10th - 12th Standards
Here is resource that offers a very clear explanation for how economists measure economic growth by comparing real GDP over time. There is also an additional activity that details the expenditure method and four components for...
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Worksheet
Curated OER

Economic Health Indicators: GDP and CPI Worksheet

For Students 11th - 12th
Examine the nation's economic health using this GDP and CPI worksheet, which features helpful graphic depictions of complex concepts. The first 2 pages include 17 short-answer questions intended to guide reading from a text (not...
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Lesson Plan
Center for Literacy and Disability Studies

GDP and Fiscal Policy Monopoly

For Teachers 10th Standards
Using the classic game of Monopoly and a revised set of rules in this resource, your class members will discover how GDP is calculated and practice enacting expansionary or contractionary fiscal policies. What a great way to learn about...
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Lesson Plan
Curated OER

Focus on Economic Data: US Real GDP Growth, August 26, 2011

For Teachers 9th - 12th
Young economists answer a series of critical thinking questions as they analyze real data that shows GDP Growth. They examine the provided charts, read through the background information, and discuss changes that occurred in the third...
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PPT
Curated OER

Chapter 7: Measuring Domestic Output, National Income, and the Price Level

For Teachers 10th - 12th
Young economists will enjoy this approachable and informative presentation. It is full of helpful graphs and definitions. Especially interesting will be the graph that measures the global perspective of the underground economy as a...
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Worksheet
Curated OER

GDP and Its Cousins

For Students 11th - 12th
In this GDP and Its Cousins worksheet, students read main points, solve problems, answer questions, and make predictions based on this information.
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Lesson Plan
Curated OER

Chapter 10: Aggregate Expenditures (The Multiplier, Net Exports, and Government)

For Teachers 10th - 12th
Effectively portraying the multiplier effect and the gaps within recession and inflation periods, these slides would be a good resource for both a beginning and advanced economics class. Clear, easy-to-read graphs and charts take viewers...
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Worksheet
Federal Reserve Bank

The Output Gap: A‘Potentially’ Unreliable Measure of Economic Health?

For Students 9th - 12th Standards
How can we accurately estimate what the economy should produce now and in the future? Have your pupils tackle this question as they learn about real versus potential GDP and as they review data regarding the output gap in the United States.
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Activity
Federal Reserve Bank

FRED in the Classroom: Debt and Deficit

For Teachers 10th - 12th Standards
Here is a hands-on activity where your class members will discover different ways to measure the government's financial situation and work to add data and redraw graphs in order to calculate the ratio of gross federal debt held by the...
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Lesson Plan
Curated OER

Gross Domestic Pizza

For Teachers 6th - 8th
Students explore major components of gross domestic product (GDP) and how it is determined; students create and compare GDP pie charts for the countries of Pepperonia and Anchovia.
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Assessment
Carolina K-12

Sample Test: Economics

For Students 9th - 12th Standards
From scarcity and marginal benefits and costs to economic systems and GDP, this 22-question multiple choice test covers some of the most fundamental concepts of economics.
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Worksheet
Federal Reserve Bank

“Dewey Defeats Truman”: Be Aware of Data Revisions

For Students 11th - 12th Standards
Discover the impact and importance of data releases about current economic conditions in the United States. Your class members will learn about data revision and the GDP, and how these figures can alter people's views on the economy.
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Lesson Plan
PBS

The Housing Crisis: GDP, Housing Bubble, Recession

For Teachers 7th - 12th
Secondary pupils examine the housing bubble and the 2008 and global economic crisis. Defining GDP and GDP growth, recession, and bubbles, young economists debate what makes a bubble and how housing can be an economic indicator. Small...
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Worksheet
Curated OER

All About GDP

For Students 10th - 12th
In this All About GDP worksheet, learners read ten phrases then decide if what is mentioned counts when calculating the GDP.
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Lesson Plan
Carnegie Mellon University

International Perspectives to Climate Change 2

For Teachers 8th - 12th Standards
A couple PowerPoint presentations are used to stimulate discussion about the perspectives of different countries on the issue of energy consumption. Afterward, they play a game in which each team is assigned a country, considers its...
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Lesson Plan
Curated OER

Compare and Contrast Countries

For Teachers 7th
Seventh graders explore the wealth of other countries. In this gross domestic product lesson, 7th graders calculate the numbers for various countries. Students then compare and contrast the differences between Africa, Asia and the...
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Worksheet
Federal Reserve Bank

What Are the ‘Ingredients’ for Economic Growth?

For Students 9th - 12th Standards
Delve into the concept of economic growth with your class members, including why economic growth is important, what causes it, and how can countries encourage it.
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Lesson Plan
Federal Reserve Bank

Arts and Economics Infographic Questionnaire

For Students 9th - 12th Standards
How do careers in the arts contribute to America's gross domestic product? Use an informative infographic that details the economic details of careers in the core arts, including design services, performing arts, and arts education, to...
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Lesson Plan
Curated OER

Places and Production

For Teachers 9th - 12th
Learners 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 high and low GDP per capita
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Lesson Plan
Curated OER

Gross Domestic Product in the Real World

For Teachers 9th - 12th
Learners gain knowledge of Gross Domestic Products and how they are used as an economic indicator. They bring articles that mention GDP and decide how it is used in articles. Students present orally their findings to the class.
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Lesson Plan
Curated OER

GDP and Standard of Living

For Teachers 7th
Seventh graders discuss the GDP and Middle Eastern nations. In this standard of living lesson, 7th graders complete a worksheet during a lecture on the GDP. Students identify the impact of the GDP on a country and reasons for wanting to...
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Lesson Plan
Curated OER

The National Economy - Measures and Models

For Teachers 8th - 12th
Students review economic goals and evaluate progress in achieving those goals. They focus on equity, efficiency, economic freedom and growth. They provide and example of a production decision for the economy as a whole.
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Printables
Curated OER

Gapminder World 2012

For Teachers 7th - 12th Standards
Here is a very interesting infographic that compares the average life expectancies, per capita incomes, and population sizes of every country in the world in 2012.

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