GDP: Does It Measure Up? (Page One Economics Classroom Edition)
Classroom Edition (.pdf)
How is the total value of all the goods and services produced in a country’s economy measured? Gross domestic product (GDP) is one common and fairly comprehensive measure. The May 2013 newsletter explains GDP components and how GDP is calculated. It also describes what GDP does—and does not—measure.
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Keep your students in the know on timely economic issues with the new Page One Economics Newsletter Classroom Edition. The Page One Economics newsletter provides a simple, short overview of a current economic event. The Teacher’s Guide includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. You can subscribe via RSS feed.
Graphs compliments of FRED®.
Tags: 9-12, AP, College, Economic Growth, Economics, English, Federal Open Market Committee (FOMC), Federal Reserve System, General Audience/Consumers, Gross Domestic Product (GDP), Inflation, Lessons, Library, Newsletter, Page One Classroom, Real Gross Domestic Product, Recession