GDP and Economic Growth

This GDP and Economic Growth video also includes:

Get into the nitty gritty of GDP as this economics instructor breaks down how we measure the growth of an economy within a country's borders. You will review the four components (consumers, investments, government, and foreign investments) of calculating GDP, as well as what is not included in those calculations, such as non-market activities and intermediate goods.

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CCSS: Adaptable
Instructional Ideas

  • Have class members model the presenter in the video and offer their own individual examples of components that are not included in GDP
Pros

  • Offers very clear and thorough explanations for major components of GDP
Cons

  • None
Common Core