This interactive tool is a part of the online personal finance game, Gen i Revolution. This is one of the fifteen "Missions" available within the online game. This Mission takes about 30 minutes to complete. To sign up to play the game, you'll need to register for an account on the Gen i Revolution web site.
In Mission 14, students advise the political leaders on economic forecasts for their respective countries: the United States, Japan, and Brazil.
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In this lesson, students explore the final (third) estimate of real GDP data for the third quarter of 2014. These data, released by the Bureau of Economic Analysis, are presented first as estimates, then as revisions as more data for the time period is collected. This lesson uses data from the fi...
Using data from the Bureau of Labor Statistics for the Consumer Price Index (CPI), students explore the latest release for November 2014. They analyze the shortcomings of the measurement of the CPI and the implications of these problems.
Students will apply their knowledge of economics to the analysis and interpretation of jokes, quotations, and cartoons in economics. Students will watch a Paul Solman video of an interview of Yoram Bauman, the Stand up Economist. Students will use Daryl Cagel's cartoon website, Jokes on the Web...
The students learn how a recession affects our economy, and how it might affect them personally.They examine the role the federal government has played in dealing with the current recession. They analyze their thoughts about what role the federal government should play in dealing with a recession.
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.
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