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Grade 9-12
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On Demand Thursdays: Macroeconomics 301: GDP, Unemployment & Inflation as Indicators

Updated: September 2 2020
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Objective Standards Summary Description Resources
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Objective

Teachers will be able to:

  • Understand what the three main economic indicators are.
  • Understand their potential strengths and shortcomings as metrics.

Standards

State Standards

Concepts

Cost/Benefit Analysis, Gross Domestic Product (GDP), Inflation

This video is available to view for EconEdLink members only.

In this economics webinar, teachers will discuss how GDP, unemployment and inflation are tools used to analyze the market climate.

Description

These three macroeconomic reports work like snapshots to illustrate the health of a nation’s economy and its output in relation to others.

Resources

Subjects:
Civics/Government,Economics

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