Khan Academy
Khan Academy: Real vs. Nominal Gdp
Practice what you've learned about real GDP, nominal GDP, and the GDP deflator in this exercise.
Khan Academy
Khan Academy: Lesson Summary: Real vs. Nominal Gdp
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...
Other
Measuring Worth: What Was the Gdp Then?
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.
Texas Education Agency
Texas Gateway: Ch. 5: Measuring the Size of the Economy: Gross Domestic Product
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...
Texas Education Agency
Texas Gateway: Chapter 5: Adjusting Nominal Values to Real Values
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.
Social Science Education Consortium
Performance of National Economy: How Do We Measure the Economy's Health? [Pdf]
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...
Council for Economic Education
Econ Ed Link: Closing the Gap
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...
Khan Academy
Khan Academy: Adjusting Nominal Values to Real Values
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....
Texas Education Agency
Texas Gateway: Chapter 5: Introduction to the Macroeconomic Perspective
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...
Khan Academy
Khan Academy: Nominal vs. Real Interest Rates
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.
Council for Economic Education
Econ Ed Link: Avatar, King of the Box Office?
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...
Texas Education Agency
Texas Gateway: Chapter 5: Macroeconomic Perspective: Key Concepts and Summary
This section provides a summary of each of the key concepts covered in Chapter 5: Macroeconomic Perspective.
Texas Education Agency
Texas Gateway: Chapter 5: Macroeconomic Perspective: Review Questions
This section offers 10 review study questions over the content of Chapter 5: The Macroeconomic Perspective.