Economics

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...

Using the classic game of Monopoly and a revised set of rules in this resource, your class members will discover how GDP is calculated and practice enacting expansionary or contractionary fiscal policies. What a great way to learn about...

Get into the nitty gritty of GDP as this economics instructor breaks down how we measure the growth of an economy within a country's borders. You will review the four components (consumers, investments, government, and foreign...

How can the Federal Reserve affect the gross domestic product of America? Find out how the duties of the Fed coincide with the GDP and unemployment rate of the country with a short video from the Federal Reserve Bank of Atlanta.

What is a GDP deflator, and how do we calculate it? Support your learners through this process using this video as a resource, which explains step-by-step how to work with an equation calculating not only the GDP deflator, but also...

How can we provide a true measurement of GDP when dollar values increase over time as a result of inflation? Review the concept of nominal versus real GDP with your class members with this quick and informative video. 

Here is a gem of a resource for you and your learners to learn about nominal vs. real GDP and the different types of unemployment using clips from the film Back to the Future.  This engaging presenter reviews the goals of an economy, how...

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...

We know that businesses can make a profit and improve their worth, but can a nation do the same? Scholars investigate the Gross Domestic Product in the seventh video lesson of a 10-part economic series. They analyze how a nation creates...

Can people take the temperature of the economy to check its overall health? The 13th installment of a 21-part Economic Lowdown podcast series investigates the concept of the gross domestic product (GDP). Scholars research the goods and...