Gross Domestic Product
Visualize the components of Gross Domestic Product (GDP).
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Lessons & Activities
16-30 min
The GDP Expenditures Equation: How Do We Measure It?
OVERVIEW
In this active learning lesson, students learn about gross domestic product (GDP) and its components using the expenditures equation. The lesson clarifies the effect that imports have on GDP.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Definition of GDP
Provide a definition of GDP, what it measures, and how it is calculated.
MODULES
16-30 MIN
GDP: Measurement and Growth
Explore the measurement and growth of GDP.
READING Q&A
16-30 MIN
How Do Imports Affect GDP?
Learn how imports are calculated in GDP.
CURRICULUM UNITS
Federal Reserve Economic Fundamentals: High School Curriculum
Introduce basic economic concepts with ten independent hands-on lesson plans.
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0-15 MIN
10 FRED Graph Activities in 10 Minutes
Learn about data through graphing activities.
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Teach economics with active and engaging lessons.
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Learn about the law of demand and discover the relationship between price and quantity demanded.
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This activity uses a classroom debate about the minimum wage to teach prices floors.
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Highlight different market structures through a role playing game.
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Demonstrate that voluntary trade can benefit buyers and sellers.
LESSONS & ACTIVITIES
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Demonstrate how we calculate the civilian unemployment rate.
LESSONS & ACTIVITIES
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Show how changes in monetary policy ripple through the economy.
LESSONS & ACTIVITIES
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