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 worksheet that details the expenditure method and four components for...
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
Economic Health Indicators: GDP and CPI Worksheet
Examine the nation's economic health using this GDP and CPI instructional 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...
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...
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.
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...
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
FRED in the Classroom: Measures of Inflation
Don't just tell class members about how to measure inflation, have them experience it firsthand by asking them to work with real data and construct graphs!
College Board
1999 AP® Macroeconomics Free-Response Questions
Gross domestic product can be a telling indicator about the health of a country, but it has limitations. Learners examine common indicators using structured prompts and problem sets from the College Board. Other practice problems include...
Curated OER
Gross Domestic Product in the Real World
High schoolers 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
What's in GDP?
Young scholars define GDP and collect data on a country's budget. In this economics lesson, students differentiate between real and nominal GDP. This activity contains an answer key to the activities.
Federal Reserve Bank
Measuring the Great Depression
Young historians examine the cost of goods and services through the Consumer Price Index (CPI), output measured by Gross Domestic Product (GDP), and unemployment measured by the unemployment rate to gain an understanding of the economic...
Curated OER
Chapter 12: Fiscal Policy
Uncle Sam wants YOU...to understand fiscal policy! With clear bullet points and informative graphs, your budding economists will understand the finer points of fiscal policy and its implications within the American economy, as well as...
Curated OER
Chapter 15: Monetary Policy
Even well-versed economists will appreciate the clarity and cohesiveness of this presentation. Covering monetary policy and open-market operations with bullet points and graphs, these slides would be a good addition to both a basic and...
Curated OER
Inflation and Unemployment
Twelfth graders are introduced to the relationship between inflation and unemployment. They define the employment and unemployment rate and practice calculating the figures. Analyzing minimum wage laws, they model a process for...
Curated OER
Which Came First-Democracy or Growth?
Students investigate economic growth and standard of living. In this economics instructional activity, students investigate the GDP per capita and how it affects the economy. Students differentiate nominal and real GDP.
Federal Reserve Bank
Dealing with the Great Depression
As part of their study of the Great Depression, young economists examine statistical data to determine the effectiveness of FDR's New Deal recovery programs.
Federal Reserve Bank
Turn Your Radio On
After listening to and analyzing a series of FDR's Fireside Chats, groups create their own recordings, and using New Deal programs, address a current economic condition.
Curated OER
Chapter 8: Introduction to Economic Growth and Instability
Help your young economists put the current financial situation into context with this fluid and informative presentation. Complete with a thorough list of key terms at the end and a useful navigation tool on each slide, the presentation...
Council for Economic Education
Economic Data Lesson: Economic Policy Options
Can you make decisions that will impact millions of people around the nation? Scholars research the role of the Federal Reserve, and its Chairman, on the economic outlook of the country. They analyze current trends in unemployment,...
Curated OER
Cartoons for the Classroom: Obama as the New Sisyphus
Reveal how Greek Mythology can play into American politics through this political cartoon, where President Obama is depicted as Sisyphus. Background information gives scholars access to the cartoon's context, and three talking points...
Curated OER
India: Is Terrorism Hurting the Economy?
Students investigate the effect of terrorism on the Indian economy. They conduct research on terrorist activity in India, create a timeline, and participate in a summit between Indian and Pakistan.