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9-12

Employment Data: Is the Economy Healthy?

This series of lessons will introduce you to economic data that economists use to assess the health of the economy. You will learn about economic data and what they communicate about the health of the economy. This lesson focuses on changes in the level of employment, average weekly hours w…
Lesson

9-12

Okun’s Law

The students sharpen their graphing skills by interpreting the relationship between changes in the unemployment rate (%) and real GDP. From this graph, students will determine the natural rate of GDP growth for the U. S. Economy since 1960. They draw the linear relationship between the cha…
Lesson