Grade 9-12, Higher Education
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The Economics of Caregiving: A Labor Market Study

Updated: April 28 2026
Teacher Version
Objective Standards Description
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Objective

Teachers will be able to:

  • define caregiving and relate it to GDP in terms of unpaid labor.
  • explore economic public policy options and weigh the costs and benefits of each.

Standards

State Standards

Concepts

Factors of Production, Markets and Price, Productive Resources, Trade, Exchange, and Markets

Description

What is caregiving and how does it impact our economy? Understand caregiving through data from GDP and various public policies to bring back into your classroom through discussion and debate. Teachers will leave with current labor market data and activities to discuss with students in their classrooms.
Subjects:
Economics,Personal Finance

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