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Key Concepts: Decision Making/Cost-Benefit Analysis, Employment and Unemployment
Objective
Students will be able to:
- Define and label the phases of the business cycle.
- Understand and define the general meaning of the terms associated with business cycle.
- Understand that the business cycle is comprised of expansions and contractions of the GDP within the economy.
Standards
Concepts
Subjects:
Economics Related Resources
Grades 9-12
Economic Misery and Presidential Elections
Updated with new statistics! The students examine economic data in order to predict the results of presidential elections.
Key Concepts: Employment and Unemployment, Fiscal Policy, GDP
Content Partner
Grades Higher Education, 9-12
EconoFact
On this website, you can see how the frameworks and theories taught in class relate to real-world timely events.
Key Concepts: Employment and Unemployment, Fiscal Policy, Income Distribution
Grades 9-12
The Potential Impact of the USMCA on US Manufacturing Jobs
In this economics activity, students assess the potential effect of USMCA on US manufacturing jobs.
Key Concepts: Barriers to Trade, Benefits of Trade, Employment and Unemployment
