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Please join Federal Reserve Education (FRE) as we celebrate Economic Education Month with a free webinar that will explore all things related to GDP (Gross Domestic Product) and will feature a presentation and Q&A on the history of GDP by Federal Reserve historian, Jonathan Rose.
FOMC (Federal Open Market Committee) Challenge, a classroom application of the Fed Challenge competition, is designed to be a project-based capstone experience completed by students at the conclusion of their Advanced Placement® Macroeconomics course.
This short online module for non-educators defines GDP, explains its components, and defines per capita GDP.
This short online module for non-educators explains how GDP is measured, the difference between real and nominal GDP, the difference between levels of GDP and percentage change in GDP, and what a trend growth rate is.
This series of short videos provides an overview of this very important measure of economic production and covers some key ideas, such as the components of GDP expenditures and how imports are measured.
Aggregate demand, short-run aggregate supply, and long-run aggregate supply come together on one of the most notable models in macroeconomics. This module will teach students how positive and negative demand shocks cause changes in real gross domestic product, price level, and unemployment in an economy.
Aggregate demand, short-run aggregate supply, and long-run aggregate supply come together in one of the most notable models in macroeconomics.
Potential output is an estimate of what the economy could produce. Actual output is what the economy does produce. If actual is below potential a negative output gap there is “slack” in the economy.
PR’s Planet Money is a podcast about the economy for people who think they aren’t interested in economics. Over 10 years and more than 1,000 episodes, the podcast has drawn millions of regular listeners through humor, storytelling and an accessible style.
History holds many economic lessons. The Great Depression, in particular, is an event that provides the opportunity to teach and learn a great deal about economics-whether you're studying the economic reasons that the Depression took place, the factors that helped it come to an end or the impact on Americans who lived through it. This curriculum is designed to provide teachers with economic lessons that they can share with their students to help them understand this significant experience in U.S. history.