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Khan Academy

Khan Academy: Real vs. Nominal Gdp

For Students 9th - 10th
Practice what you've learned about real GDP, nominal GDP, and the GDP deflator in this exercise.
Lesson Plan
Khan Academy

Khan Academy: Lesson Summary: Real vs. Nominal Gdp

For Students 9th - 10th
In this lesson summary review and remind yourself of the key terms and calculations used in calculating real and nominal GDP. Topics include the distinction between real and nominal GDP and how to calculate and use the GDP deflator. This...
Website
Other

Measuring Worth: What Was the Gdp Then?

For Students 9th - 10th
Use this calculator to figure out nominal GDP, real GDP, the GDP deflator, population, nominal GDP per capita, and real GDP per capita between any years from 1790 to 2005.
Unit Plan
Texas Education Agency

Texas Gateway: Ch. 5: Measuring the Size of the Economy: Gross Domestic Product

For Students 11th - 12th
By the end of this section, you will be able to identify the components of gross domestic product on the demand side and on the supply side; evaluate how gross domestic product is measured; and contrast and calculate gross domestic...
Unit Plan
Texas Education Agency

Texas Gateway: Chapter 5: Adjusting Nominal Values to Real Values

For Students 11th - 12th
By the end of this section, you will be able to contrast nominal GDP and real GDP, explain the GDP deflator, and calculate real GDP based on nominal GDP values.
Lesson Plan
Social Science Education Consortium

Performance of National Economy: How Do We Measure the Economy's Health? [Pdf]

For Teachers 9th - 10th
This investigation helps students clarify economic performance measures. These include: percentage changes in the Gross Domestic Product or the Consumer Price Index, how the labor force is measured, the meaning of employment and...
Lesson Plan
Council for Economic Education

Econ Ed Link: Closing the Gap

For Teachers 9th - 10th
The students learn what GDP is. They will learn different measures of GDP as well as how GDP per capita can be used to compare countries. They will also calculate GDP per capita and learn how poorer countries can converge, or close the...
Article
Khan Academy

Khan Academy: Adjusting Nominal Values to Real Values

For Students 9th - 10th
When you examine economic statistics, it's crucial to distinguish between nominal and real measurements so you know whether or not inflation has distorted a given statistic. Learn how to adjust GDP numbers for inflation in this article....
eBook
Texas Education Agency

Texas Gateway: Chapter 5: Introduction to the Macroeconomic Perspective

For Students 11th - 12th
In this chapter, you will learn about the following: Measuring the size of the economy with gross domestic product, adjusting nominal values to real values, tracking real gross domestic product over time, comparing gross domestic product...
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Khan Academy

Khan Academy: Nominal vs. Real Interest Rates

For Students 9th - 10th
Practice what you've learned about the distinction between the nominal interest rate and the real interest rate, as well as how to calculate both of these key measures.
Lesson Plan
Council for Economic Education

Econ Ed Link: Avatar, King of the Box Office?

For Teachers 9th - 10th
On January 26, 2010, the film Avatar officially topped Titanic as the top-grossing film of all-time at the box office. However, the following day, Forbes.com published an article entitled Is Avatar Really King of the Box Office? The...
Unit Plan
Texas Education Agency

Texas Gateway: Chapter 5: Macroeconomic Perspective: Key Concepts and Summary

For Students 11th - 12th
This section provides a summary of each of the key concepts covered in Chapter 5: Macroeconomic Perspective.
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Texas Education Agency

Texas Gateway: Chapter 5: Macroeconomic Perspective: Review Questions

For Students 11th - 12th
This section offers 10 review study questions over the content of Chapter 5: The Macroeconomic Perspective.