This Intro: Measuring the Economy instructional video also includes:
Our motivation to understand and measure the economy is a relatively new, yet also incredibly vital, endeavor. Quickly review the importance of macroeconomics and the major topics it entails, including GDP, CPI, the business cycle, and the natural rate of unemployment.
As part of a general review of macroeconomics, show the video during whole-group instruction and pause at appropriate points, asking learners to anticipate what major points the instructor is about to cover.
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- Video addresses AP economics students, but content could be adapted for other levels of classes
- This video is hosted on YouTube