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Calendar Item: Agricultural Adjustment Act, Revised on February 16, 1938


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 change in unemployment and GDP and interpret their graphs.

Grades: 9-12
Published: 11/02/2009

The Unemployment Game

Students will learn about important labor market statistics that are frequently discussed in the media. An understanding of the unemployment rate and labor force participation rate will be developed through participation in an interactive simulation game.

Grades: 9-12
Published: 06/08/2009

Closing the Gap

The students learn what GDP is. They will learn different measures of GDP as well as how GDP per capita can be used to compare countries. They will also calculate GDP per capita and learn how poorer countries can converge, or close the gap, with richer countries.

Grades: 9-12
Published: 10/27/2005

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.


Advanced Placement Economics: Teacher Resource Manual

The teacher guide accompanies the student activities books in macro- and microeconomics for teaching college-level economics in AP Economics courses. The publication contains course outlines, unit plans, teaching instructions, and answers to the student activities and sample tests.

Grades: 9-12
Published: 2003

58 out of 58 lessons from this publication relate to this EconEdLink lesson.

Capstone: Exemplary Lessons for High School Economics - Teacher's Guide

This publication contains complete instructions for teaching the lessons in Capstone. When combined with a textbook, Capstone provides activities for a complete high school economics course. 45 exemplary lessons help students learn to apply economic reasoning to a wide range of real-world subjects.

Grades: 9-12
Published: 2003

45 out of 45 lessons from this publication relate to this EconEdLink lesson.

Focus: Understanding Economics in U.S. History

Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.

Grades: 9-12
Published: 2006

40 out of 40 lessons from this publication relate to this EconEdLink lesson.