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This Episode 7: Gross Domestic Product instructional video also includes:
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 goods and services to have a healthy bottom line. To further understand the concept, they hold a discussion to compare and contrast different nations based on the overall outlook of the services they provide and the profit that comes with it.
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CCSS:
Adaptable
Concepts
Additional Tags
Instructional Ideas
- Preview the lesson with a short reading on the concept of the gross domestic product
- Place a large 2017 GDP graph in the front of the room to analyze during lesson
Classroom Considerations
- Lesson is designed for grades 8-12 and beyond
Pros
- Materials include an audio podcast to differentiate instruction
- Teacher resources are available at Econ Lowdown Teacher Portal
Cons
- None