Economics – 12/17/18
I. Bellwork: Q&A
- On Google Classroom
II. Objective
- Examine and discuss the components, merits, and shortcomings of GDP, as well as, alternative measures used to determine economic growth.
- Determine the central ideas or information and provide an accurate summary that makes clear the relationships among the key details and ideas.
III. Chapter 10 : Wednesday after school
IV. 12-1 iLearn Quiz Today thru Wednesday @ 10:00 pm
V. Discussion and Activity
- What is GDP? Explained
- Video:What Is the Gross National Product?
- Robert F. Kennedy challenges Gross Domestic Product
VI. Notebook:
- Construct a Double Bubble illustrating the difference between GNP & GDP
- Construct a Tree Map – Limitations of GDP
VII. Classwork
A, 12-1 Economics Guided Reading Activities
- Page 321 Identify specific examples of products not included in GDP:
- • Intermediate (3)
- • Secondhand (2)
- • Nonmarket (3)
- • Underground (3)
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