Whether they’re lesson plans, videos, or activities, our resources can be browsed by type or topic! Check out our recently published videos, including helpful pieces on GDP, opportunity cost, the business cycle, and compound interest!

Content Partner

Grade 6-8, 9-12
,
Video

Real vs. Nominal GDP Video Series and Quiz

Time: 30 mins,
Updated: September 26 2019,
Author: , Marginal Revolution University
Teacher Version
Student Version
Objective Standards Summary Description
Print

Objective

Students will be able to:

  • Define GDP, Nominal GDP, Real GDP, and Real GDP Per Capita.
  • Explain what each of them measures.

Standards

State Standards

Concepts

Economic Growth, GDP
Open Video

In this economics video series, students will learn about GDP, nominal v. real GDP, GDP Per Capita.

Description

This unit of four videos covers the definition of GDP, nominal v. real GDP, GDP Per Capita, and the global correlation between Real GDP Per Capita and standards of living.

Subjects:
Economics,AP/IB Economics

Related Resources

Grades 6-8, 9-12

Gross Domestic Product Video and Quiz

In this economics video, students will learn about Gross Domestic Product (GDP) and play a Kahoot! game.
Key Concepts: Aggregate Demand, Aggregate Supply, GDP
10 mins
Video
See Video