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Key Concepts: Decision Making/Cost-Benefit Analysis, Employment and Unemployment
Objective
Students will be able to:
- Understand the unemployment rate statistic and how it is determined.
- Understand the labor force participation rate statistic and how it is determined.
- Demonstrate their understanding of labor markets through a market activity.
Concepts
Related Resources
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Key Concepts: Employment and Unemployment, Fiscal Policy, GDP
Content Partner
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EconoFact
On this website, you can see how the frameworks and theories taught in class relate to real-world timely events.
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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
