I.  Bellwork: Q&A

Identify each as being included or not included in the GDP of the United States.

1. A car built in Michigan and shipped to Brazil
2. A car made by Ford in Mexico
3. TV made in China
4. Buying lunch at Fordson
5. A Toyota made in Tennessee
6. A partially completed house
7. A freeway

II. Objective

• Examine and discuss the components of GDP and alternative measures of determining economic growth.

III.  Chapter 9 & 10 Retake: Tomorrow after school

• Bring a paragraph per section (5) – 9.1, 9.2, 10.1, 10.2, 10.3

IV.   12-1 iLearn Quiz Today thru Thursday @ 11:30 pm

V. Discussion and Activity

• Video:What Is the Gross National Product?

• What is GDP?  Explained

• Robert F. Kennedy challenges Gross Domestic Product

• GDP Hunter

VI.  Notebook:   Difference between GNP & GDP-

• Construct a Double Bubble illustrating the difference

VII. Classwork

A.  Page 327 2-8 Q&A

B. Page 321 Identify specific examples of products not included in GDP

• Intermediate (3)
• Secondhand (2)
• Nonmarket (3)
• Underground (3)

Economics F2013