Council for Economic Education
GDP Data: Is the Economy Healthy?
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...
Federal Reserve Bank
GDP: Does It Measure Up?
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 worksheet that details the expenditure method and four components for...
Center for Literacy and Disability Studies
GDP and Fiscal Policy Monopoly
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...
Curated OER
Focus on Economic Data: US Real GDP Growth, August 26, 2011
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...
Curated OER
Chapter 7: Measuring Domestic Output, National Income, and the Price Level
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...
Federal Reserve Bank
The Output Gap: A‘Potentially’ Unreliable Measure of Economic Health?
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.
Curated OER
Gross Domestic Pizza
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.
Federal Reserve Bank
“Dewey Defeats Truman”: Be Aware of Data Revisions
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.
Carolina K-12
Sample Test: Economics
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.
PBS
The Housing Crisis: GDP, Housing Bubble, Recession
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...
Curated OER
The National Economy - Measures and Models
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.
Carnegie Mellon University
International Perspectives to Climate Change 2
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...
Curated OER
Compare and Contrast Countries
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...
Federal Reserve Bank
What Are the ‘Ingredients’ for Economic Growth?
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.
Curated OER
Places and Production
High schoolers 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
Curated OER
Gross Domestic Product in the Real World
High schoolers 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.
College Board
2002 AP® Macroeconomics Free-Response Questions
Imagine the United States is experiencing an unusually high unemployment rate. What options does the federal government have to kick-start the economy? Learners consider the question with a structured prompt. Other questions examine...
College Board
2011 AP® Macroeconomics Free-Response Questions Form B
Exchange rates are dependent on a variety of factors. Scholars tease out these factors using a prompt from College Board. Another query examines the economic health of a country with barometers such as gross domestic product and wages. A...
Curated OER
Measuring Economic Success
Students are introduced to the Gross Domestic Product and what this number tells us about the economy of the United States. In groups, they discuss what constitutes a healthy society and if the GDP is an accurate representation. They...
Curated OER
What's in GDP?
Young scholars define GDP and collect data on a country's budget. In this economics lesson, students differentiate between real and nominal GDP. This activity contains an answer key to the activities.
Curated OER
Economics: Actions of Government
Students examine the susceptibility of legislators to agricultural lobbyists to support subsidy programs. In small groups, they role-play as members of interest groups that might be affected by inflation.
Curated OER
Chapter 12: Fiscal Policy
Uncle Sam wants YOU...to understand fiscal policy! With clear bullet points and informative graphs, your budding economists will understand the finer points of fiscal policy and its implications within the American economy, as well as...
Federal Reserve Bank
Measuring the Great Depression
Young historians examine the cost of goods and services through the Consumer Price Index (CPI), output measured by Gross Domestic Product (GDP), and unemployment measured by the unemployment rate to gain an understanding of the economic...
Mesa Public Schools
Country Project
Give your young learners the chance to discover more about countries in their world community with a research project. Class members write reports on an assigned country and include such major features as geography, important historical...