Explore the connection between the economic indicators and real-world issues. These lessons typically can be done in one class period.
Real gross domestic product (GDP) during the first quarter (January through March) of 2005 increased at an annual rate of 3.1 percent. This is an advance estimate of the change in real GDP for the first quarter. The increase in real GDP was primarily due to increases in consumption and inventory, software, equipment, and residential housing investment. Imports increased during the quarter.
Real Gross Domestic Product (GDP) during the fourth quarter (October through December) of 2001 increased at an annual rate of 1.4 percent. This is the "preliminary" estimate for the fourth quarter and is a revision of the announcement of a .2 percent increase that was made one month ago. It is still based on incomplete data and will be revised in the "final" estimates one month from now. During the first three quarters of 2001, real GDP changed at annual rates of +1.3 percent, +0.3 percent and -1.3 percent respectively.
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Teaching Financial Crises is an eight lesson resource that provides an organizing framework in which to contextualize all of the media attention that has been paid to the recent financial crisis, as well as put it in a historical context. The current events stories, opinion pieces, and other popular media pieces that are today in great supply have generally not connected to educational objectives, historical analysis, and economic processes and concepts that are used in the high school classroom. In Teaching Financial Crises, teachers will find a non-partisan and non-ideological resource to help them simplify and offer balanced perspectives on this challenging subject matter.
1 out of 9 lessons from this publication relate to this EconEdLink lesson.