20 results found
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.
This essay discusses where recessions come from, how they are determined, and how they end.
Lessons in the Data Literacy Series can be used by university and school faculty and staff to teach students how to reliably identify, interpret, and communicate data.
Students will examine and interact with two economic data websites—FRED®, of the Federal Reserve Bank of St. Louis, and the Bureau of Economic Analysis (BEA)—to develop their understanding of the information creation process.
In this lesson, students learn the definition of gross domestic product (GDP) and the four expenditure categories of GDP. Then, they participate in a readers’ theater about castaways on an island who learn about GDP. Students record examples of items produced on the island that are examples of consumer, government, and investment spending. They recognize that, without trade, there is no net export category for the island.
Looking for a quick way to master the basics of FRED, the Federal Reserve's free economic data website? This online guide to 10 step-by-step activities prepares users to find and graph economic data.
Our standard of living depends on the pace of economic growth. That pace can be enhanced through increased productivity brought about by investment in physical and human capital and advances in technology. In this course, students will learn about these tools to increase productivity and advance our standard of living.