Instructional Video

GDP Deflator Practice

Curated and Reviewed by Lesson Planet
This GDP Deflator Practice instructional video also includes:

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 nominal and real GDP.

8 Views 3 Downloads
CCSS: Adaptable
Instructional Ideas
  • Excellent model for an instructor to use for their own instruction
Classroom Considerations
  • Queue video to skip initial third-party advertisements
  • Class members should have an understanding of nominal versus real GDP before beginning the video
  • This video is hosted on YouTube
  • Includes description of equation for calculating the GDP deflator
  • Provides opportunity for independent practice by asking questions that learners can answer on their own before continuing through video
  • Emphasizes importance of understanding logic behind equation
  • None
Common Core