Center for Literacy and Disability Studies
GDP and Fiscal Policy Monopoly
Using the classic game of Monopoly and a revised set of rules in this resource, your class members will discover how GDP is calculated and practice enacting expansionary or contractionary fiscal policies. What a great way to learn about...
Curated OER
Chapter 8: Introduction to Economic Growth and Instability
Help your young economists put the current financial situation into context with this fluid and informative presentation. Complete with a thorough list of key terms at the end and a useful navigation tool on each slide, the presentation...
Curated OER
The Business Cycle
For this economics worksheet, students study the phases of the business cycle as they read an article and respond to 9 short answer questions pertaining to the table entitled "The U.S. Economy from 1970."
Curated OER
Macroeconomic Problems
Students identify the main phases of the business cycle and the conditions that are expected during a recession and boom. They discuss the difficulty of economic policy making. They practice solving equations using interest rates.
University of Colorado
University of Colorado: Principles of Macroeconomics: Business Cycles, Aggregate Demand and Supply
A comprehensive look at the way aggregate demand and supply affect the business cycle. Information used is current to 2003. From the Department of Economics at the University of Colorado.
Library of Economics and Liberty
Concise Encyclopedia of Economics: Business Cycles
Definition, description, and examples of business cycles in the economy.
Other
National Bureau of Economic Research: The Nber's Business Cycle Dating Committee
A report on trends in business cycles and characteristics which tend to show signs of future economic development. A question and answer session is also provided at the end of the report. The data is provided in an Excel spreadsheet,...
Other
National Council for the Social Studies: The Great Depression Mystery
Delve into the causes of the Great Depression with this lesson plan that simulates how unemployment in one part of the economy can cause unemployment in other parts of the economy. Extensive background on the economic causes of the...
Sophia Learning
Sophia: Gross Domestic Product
Features a series of engaging resources that fully explain Gross Domestic Product (GDP).
Digital History
Digital History: The Depression [Pdf]
Take this interesting look at life during the Great Depression. Find data about unemployment, bank failures, the Bonus Army, and the ways the depression affected ordinary individuals. [pdf]
TED Talks
Ted: Ted Ed: What Causes Economic Bubbles?
During the 1600's, the exotic tulip became a nationwide sensation; some single bulbs even sold for ten times the yearly salary of a skilled craftsman. Suddenly, though, the demand completely plummeted, leaving the tulip market in a...
Other
U.s. Business Cycle Expansions and Contractions
Detailed chart showing the number and duration of the business cycle in the United States, from 1854 to the present.
Federal Reserve Bank
Federal Reserve Bank of Minneapolis: Real Business Cycles: A Legacy of Countercyclical Policies
This article explores the relationship of a real business cycle theory to existing and prospective countercyclical policies. (Published March 1, 1999)
Texas Education Agency
Texas Gateway: Chapter 5: The Macroeconomic Perspective: Key Terms
This is a list of key terms and definitions from Chapter 5: The Macroeconomic Perspective.
University of Oxford (UK)
American National Biography Online: Depressions, Economic
Depressions are sustained troughs in the business cycle characterized by declines in output, employment, income, and trade. While they date from the earliest years of American history, little is known about them from the Colonial Era....
Khan Academy
Khan Academy: Tracking Real Gdp Over Time
Read about fluctuations in Gross National Product (GDP) from year to year.
Khan Academy
Khan Academy: Lesson Summary: Automatic Stabilizers
In this instructional activity summary review and remind yourself of the key terms and graphs related to automatic stabilizers, including the different kinds of automatic stabilizers and why fiscal policy is subject to lags. This...
Khan Academy
Khan Academy: Lesson Summary: Unemployment
In this lesson summary review and remind yourself of the key terms and calculations used in measuring unemployment, the labor force, the unemployment rate, the labor force participation rate, and the natural rate of unemployment. Topics...
Khan Academy
Khan Academy: Lesson Summary: Real vs. Nominal Gdp
In this lesson summary review and remind yourself of the key terms and calculations used in calculating real and nominal GDP. Topics include the distinction between real and nominal GDP and how to calculate and use the GDP deflator. This...
Khan Academy
Khan Academy: Lesson Summary: Price Indices and Inflation
In this lesson plan summary review and remind yourself of the key terms and calculations used in measuring inflation. Topics include the consumer price index (CPI), calculating the rate of inflation, the distinction between inflation,...
Khan Academy
Khan Academy: Lesson Summary: The Limitations of Gdp
In this instructional activity summary review and remind yourself of the key terms and concepts about the limitations of GDP. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics course.
Khan Academy
Khan Academy: Lesson Summary: The Costs of Inflation
In this lesson summary review and remind yourself of the key terms and calculations used in describing the costs of inflation. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics course.
Khan Academy
Khan Academy: Lesson Summary: Business Cycles
In this lesson summary review and remind yourself of the key terms, concepts, and graphs related to the business cycle. Topics include the four phases of the business cycle and the relationship between key macroeconomic indicators at...
Khan Academy
Khan Academy: Lesson Summary: The Circular Flow and Gdp
In this lesson plan summary review and remind yourself of the key terms and calculations used in describing the output of an economy. Key topics include the expenditures approach, income approach, and value added approach to calculating...