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...
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.
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...