Khan Academy: Expenditure Approach to Calculating Gdp Examples

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...

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...

How can the Federal Reserve affect the gross domestic product of America? Find out how the duties of the Fed coincide with the GDP and unemployment rate of the country with a short video from the Federal Reserve Bank of Atlanta.

In this video lesson from Khan Academy, students will learn how a nation's GDP can be calculated by summing up the value added by all the intermediate producers in a nation in a method called the value added approach. This resource is...

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...

We know that businesses can make a profit and improve their worth, but can a nation do the same? Scholars investigate the Gross Domestic Product in the seventh video lesson of a 10-part economic series. They analyze how a nation creates...

Can people take the temperature of the economy to check its overall health? The 13th installment of a 21-part Economic Lowdown podcast series investigates the concept of the gross domestic product (GDP). Scholars research the goods and...

In this lesson plan summary review and remind yourself of the key terms and calculations used in describing the output of an economy. Key topics include the expenditures approach, income approach, and value added approach to calculating...

Features a series of engaging resources that fully explain Gross Domestic Product (GDP).

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...