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Friday

Weekly Overview:

Unit Description:  Unit Six   Economic Indicators- Business Cycles

Essential Questions: How  do economist use indicators to measure the economy’s performance?

What is a Business Cycle?

Resources/Materials: Economics NYSE.com

Standards/Benchmarks/GLEs: 47-50

Objectives:

.To understand how economic growth is measured and how capital deepening  contributes to growth.

The students will calculate and compare nominal GDP and real GDP

The learners will use other measurements and will see the limitations of GDP

review

The learners will understand the Phases of the Business Cycle

Stock Project

Completed and turned in

Student Learning Activities:

Charts will be drawn to understand capital deepening.

The students will use examples to understand the differences between nominal and real GDP.

GDP,GNP,NNP,NI,PI

Will be discussed and explained.

Quiz

The students will draw and label a typical business cycle.

The students will turn in their final project

Homework:

P 326 review

Attachments:

Links:

What strategies will I use to address literacy this week? Content Reading  Graphic Organizers