Title: Classroom Lesson: What is GDP & How Do We Measure It? (Teacher Only)
Course: Indiana Economics Sample Syllabus > Section: Unit 5: National Economic Performance

In this lesson, students learn the definition of gross domestic product (GDP) and the composition of the expenditure categories of GDP. They participate in an active learning demonstration of the GDP expenditure equation [GDP = C + I + G + (X – M)] to understand the relationships among the variables and the effect of changes in aggregate spending on GDP. Special attention is given to the effect that imports have on GDP.

Access the lesson here!