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 activity that details the expenditure method and four components for...
Curated OER
Economic Health Indicators: GDP and CPI Worksheet
Examine the nation's economic health using this GDP and CPI activity, 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...
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...
Curated OER
GDP and Its Cousins
In this GDP and Its Cousins worksheet, students read main points, solve problems, answer questions, and make predictions based on this information.
Curated OER
Chapter 10: Aggregate Expenditures (The Multiplier, Net Exports, and Government)
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...
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.
Federal Reserve Bank
FRED in the Classroom: Debt and Deficit
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...
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.
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.
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.
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
All About GDP
In this All About GDP worksheet, students read ten phrases then decide if what is mentioned counts when calculating the GDP.
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. For 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.
Federal Reserve Bank
Arts and Economics Infographic Questionnaire
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...
Curated OER
Places and Production
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 high and low GDP per capita
Curated OER
Gross Domestic Product in the Real World
Students 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.
Curated OER
GDP and Standard of Living
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...
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.
Curated OER
Gapminder World 2012
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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