Production Methods

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...

Examine the nation's economic health using this GDP and CPI worksheet, which features helpful graphic depictions of complex concepts. The first 2 pages include 17 short-answer questions intended to guide reading from a text (not...

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...

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...

Your young economists will compare the product and resource markets in two perfectly competitive firms by following along with this brief tutorial by an engaging economics instructor. 

Farmers just farm, right? Find out how important agricultural products are to our modern society. Learners will explore the foods, textiles, and fuels made from industrial farm goods. They'll also explore the idea of choosing an...

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...

Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...