AP Economics – 1/29/19
I. Bellwork
- Kahoot – What is GDP?
II. Objectives
- Differentiate between real and nominal GDP
- Explain why real GDP is the appropriate measure of real economic activity
III. Discussion: Interpreting Real GDP Pgs115-119
A. What GDP Tells Us
B. Real GDP: A Measure of Aggregate Output
- Calculating Real GDP
2. What Real GDP Doesn’t Measure
Robert F. Kennedy challenges Gross Domestic Product
IV. Notebook
- Calculating the CPI
- Determining GDP Deflator
V. Participation Work
- 11.1 Activity
VI. Classwork/Homework on iLearn
- Worksheet 11.3 & 2.4
- Section 11 Questions – No School Wednesday
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