Gross Domestic Product
Visualize the components of Gross Domestic Product (GDP).
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In this lesson, students familiarize themselves with basic economic concepts such as gross domestic product (GDP) as measured by an index and per capita. Students analyze and create their own arguments as to which economic forces contributed most directly to the overall growing economy.
Gross Domestic Product
Visualize the components of Gross Domestic Product (GDP).
Definition of GDP
Provide a definition of GDP, what it measures, and how it is calculated.
GDP: Measurement and Growth
Explore the measurement and growth of GDP.
How Do Imports Affect GDP?
Learn how imports are calculated in GDP.
Measuring the Great Depression
Describe how we measure the economy’s health with tools such as gross domestic product (GDP), the unemployment rate, and the consumer price index (CPI).
The Components of GDP
Explore the expenditure approach that textbooks use to explain GDP.
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