The lesson summarizes the content of the February 1, 2008, U.S. Department of Labor, Bureau of Labor Statistics, announcement of the unemployment rate and employment data for the month of January, 2008. The meaning and importance of the data are discussed. Student consider the implications of the data for the economy and themselves.Exercises are included for reinforcing the concepts.
Real Gross Domestic Product (GDP) during the second quarter (April through June) of 2002 increased at an annual rate of 1.3 percent. This is the final release of the number and was revised upward from the preliminary rate of 1.1% released on August 29. This compares to a rate of 5.0% in the first quarter of 2002. During 2001, real GDP changed at annual rates of -.6 percent, -1.6 percent, -.3 percent and +2.7 percent for each quarter respectively.
Explore the connection between the economic indicators and real-world issues. These lessons typically can be done in one class period.
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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.
5 out of 9 lessons from this publication relate to this EconEdLink lesson.
This revised edition features simulations, role plays, small-group discussions and other active-learning instructional activities to help students explore economic concepts through real-life applications.
3 out of 21 lessons from this publication relate to this EconEdLink lesson.
Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.
3 out of 40 lessons from this publication relate to this EconEdLink lesson.