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Aggregate demand Teacher Resources
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What tools doe the Congress and the Federal Reserve can use to correct economic problems. Interested minds examine how the use of those tools affects the money supply, interest rates, and aggregate demand. This is a great resource with attached links, activities, and handouts.
Ensure your economists understand demand and supply curves with this 13-question inflation and unemployment worksheet. Although it references a text, information students need is included on a separate notes handout (included). Consider having students take notes instead of simply reading. Simple definition questions include concepts such as stagflation and aggregate, and several short-answer questions have students considering the influence of supply and demand on GDP.
Students view a series of of short animated modules to relate the total spending in the economy to production and prices. They use this information to simulate the economy of a town called Spendsville. In the simulation, they apply the spending = quantity of goods x average price equation.
Students read excerpts from a Washington Post article about a reduction in short term interest rates in 1998. They identify sections in it dealing with monetary policy. In another article, they compare the federal funds rate with other interest rates and create a graph illustrating what would happen to aggregate output if aggregate demand is restrained.
Here is a great tool to help you introduce basic economics to your upper graders. You'll find four separate activities that work alongside each of the defined terms and concepts. Each activity helps learners better understand basic economic principles through application. Wants and needs, circular flow, opportunity costs, production, labor, and scarcity are all covered.
Budding economists use hard data to analyze the current changes in the CPI. They identify factors that change inflation rates, such as policy and economic conditions. They also describe the impact inflation/deflation has on various consumer groups in the US economic system. A very thorough and comprehensive lesson.
Learners identify key economic indicators to understand real GDP growth. They calculate the historical and recent GDP, assess GDP data in relation to business cycles, and make predictions about the impact of currect GDP growth. Discussion questions, charts, background data, and web links are included.