Places and Production

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 activity 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...

Young economists will enjoy this approachable and informative presentation. It is full of helpful graphs and definitions. Especially interesting will be the graph that measures the global perspective of the underground economy as a...

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...

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,...

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.

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...

Compare and contrast world economies and their differences in capital, and examine the four components of GDP with a dynamic speaker and scenes from the movie Cars. The video draws connections between the film and topics such as the...

Young economists answer a series of critical thinking questions as they analyze real data that shows GDP Growth. They examine the provided charts, read through the background information, and discuss changes that occurred in the third...