Texas Education Agency
Texas Gateway: Chapter 5: Adjusting Nominal Values to Real Values
By the end of this section, you will be able to contrast nominal GDP and real GDP, explain the GDP deflator, and calculate real GDP based on nominal GDP values.
Texas Education Agency
Texas Gateway: Ch. 5: Measuring the Size of the Economy: Gross Domestic Product
By the end of this section, you will be able to identify the components of gross domestic product on the demand side and on the supply side; evaluate how gross domestic product is measured; and contrast and calculate gross domestic...
Texas Education Agency
Texas Gateway: Chapter 5: Macroeconomic Perspective: Problems
This section provides six problems to solve in aid in the study of the content of Chapter 5: Macroeconomic Perspective.
Texas Education Agency
Texas Gateway: Chapter 5: Macroeconomic Perspective: Critical Thinking Questions
This section provides a list of eight critical thinking study questions covering the material in Chapter 5: Macroeconomic Perspective.
Texas Education Agency
Texas Gateway: Ch. 15: How the Foreign Exchange Market Works
By the end of this section, you will be able to do the following: Define foreign exchange market; Describe different types of investments like foreign direct investments, portfolio investments, and hedging; Explain how the appreciating...
Council for Economic Education
Econ Ed Link: Avatar, King of the Box Office?
On January 26, 2010, the film Avatar officially topped Titanic as the top-grossing film of all-time at the box office. However, the following day, Forbes.com published an article entitled Is Avatar Really King of the Box Office? The...
Council for Economic Education
Econ Ed Link: How Is Our Economy Doing?
Students learn the meaning and measurement of six important economic indicators and use the St. Louis Federal Reserve Bank National Economic Trends website to assess the current state of the economy.
Council for Economic Education
Econedlink: Business Cycles
This video teaches the concept of Business Cycles. The pattern in which economies have periods of recession and then also periods of economic expansion or recovery is known as the business cycle.
Texas Education Agency
Texas Gateway: Chapter I: Welcome to Economics!: Key Terms
This is a list of economics key terms and definitions used in Chapter I: Welcome to Economics! of the TEA AP Macroeconomics online text.
Texas Education Agency
Texas Gateway: How Economies Can Be Organized: An Overview of Economic Systems
By the end of this section, you will be able to contrast traditional economies, command economies, and market economies; explain gross domestic product (GDP); and assess the importance and effects of globalization.
Texas Education Agency
Texas Gateway: Chapter 5: Macroeconomic Perspective: Review Questions
This section offers 10 review study questions over the content of Chapter 5: The Macroeconomic Perspective.
Texas Education Agency
Texas Gateway: Chapter 5: Introduction to the Macroeconomic Perspective
In this chapter, you will learn about the following: Measuring the size of the economy with gross domestic product, adjusting nominal values to real values, tracking real gross domestic product over time, comparing gross domestic product...
Texas Education Agency
Texas Gateway: Chapter 5: The Macroeconomics Prospective: Self Check Questions
This section provides a list of 10 self-check questions to aid in the study of Chapter 5: The Macroeconomics Prospective.
Texas Education Agency
Texas Gateway: Chapter 5: Macroeconomic Perspective: Key Concepts and Summary
This section provides a summary of each of the key concepts covered in Chapter 5: Macroeconomic Perspective.
Texas Education Agency
Texas Gateway: Chapter 5: How Well Gdp Measures the Well Being of Society
By the end of this section, you will be able to discuss how productivity influences the standard of living, explain the limitations of GDP as a measure of the standard of living, and analyze the relationship between GDP data and...
Texas Education Agency
Texas Gateway: Chapter 5: Comparing Gdp Among Countries
By the end of this section, you will be able to explain how GDP can be used to compare the economic welfare of different nations, calculate the conversion of GDP to a common currency by using exchange rates, and calculate GDP per capita...
Texas Education Agency
Texas Gateway: Macroeconomics: Chapter 5: Tracking Real Gdp Over Time
By the end of this section, you will be able to explain recessions, depressions, peaks, and troughs; evaluate the importance of tracking real GDP over time; and analyze the impact of economic fluctuations on a country's output and price...
Council for Economic Education
Econ Ed Link: Focus on Economic Data
This lesson focuses on the second estimate of U.S. real gross domestic product for the fourth quarter (Q4) of 2012, as reported by the U.S. Bureau of Economic Analysis (BEA) on February 28, 2013. The current data and historical GDP data...
Council for Economic Education
Econ Ed Link: What Does the Nation Consume?
This lesson will focus on what the nation consumes and how that is measured by Gross Domestic Product (GDP). In the United States, the goods and services produced for household consumption account for about two-thirds of total output.
Council for Economic Education
Econ Ed Link: Jokes, Quotations, and Cartoons in Economics
Students will apply their knowledge of economics to the analysis and interpretation of jokes, quotations, and cartoons in economics. Students will watch a Paul Solman video of an interview of Yoram Bauman, the Stand up Economist....
Council for Economic Education
Econ Ed Link: Nafta: Are Jobs Being Sucked Out of the United States?
NAFTA, the North American Free Trade Agreement, went into effect on January 1, 1994. The Agreement phases out most tariffs between the United States, Canada, and Mexico. Tariffs, which are taxes on imports, increase the price of foreign...