Circular Flow
Visualize the circular flow diagram.
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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.
Circular Flow
Visualize the circular flow diagram.
Definition of GDP
Provide a definition of GDP, what it measures, and how it is calculated.
GDP: Policy
Investigate the options for policymakers to improve real 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).
Gross Domestic Product
Visualize the components of Gross Domestic Product (GDP).
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