Title: Unit 9: Macroeconomic Indicators Curriculum Alignment (Teacher Only)
Course: Alabama Economics Sample Syllabus > Section: Unit 9: Macroeconomic Indicators

9. Describe methods used to measure overall economic activity, including the Gross Domestic Product (GDP), the Consumer Price Index (CPI), inflation, and unemployment.

• Explaining how overall levels of income, employment, and prices are determined by spending decisions of households, businesses, and government; net exports in the short run; and production decisions of firms and technology in the long run
• Identifying structural, cyclical, and frictional unemployment
• Describing stages of the business cycle and how employment and inflation change during those stages