Gross Domestic Product (GDP) & Standard of Living Econ Lesson *Distance Learning
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It’s so easy to turn economic indicators into a boring series of definitions and calculations (think Ben Stein in Ferris Bueller’s Day Off). Yet this unit is one of the most relevant to students’ lives outside high school since they’re bound to be affected by economic performance throughout their liPrice $28.00Original Price $33.00Save $5.00
“Economics is the most valuable class of my high school career,” a student wrote to me last semester. Another student noted that “Your teaching strategy is easy to follow and makes everything easier to understand” while another commented that “I really appreciate that you assigned assignments wherePrice $118.00Original Price $132.50Save $14.50
Are you teaching Economics for the first time and feeling way over your head? Have you taught it a few times, but feel like you're ready to take your lessons to the next level? This Semester Course Bundle is yours. If I had to sum up my teaching style and the way my units are structured, I would refPrice $135.00Original Price $170.00Save $35.00
Description
I love student engagement! So when I teach this GDP lesson (& student research activities), I'm thrilled when I hear my students excitedly nudging their friends, saying things like "did you see Liechtenstein's GDP per capita?! Why is it so high?!" I love watching them think critically about a topic that could otherwise be (mis)interpreted as dry. I can't wait for you to see your students come alive as they understand and then research GDP across the world.
This lesson will teach your students all about what GDP is and how we calculate it! In addition, there are two research assignments that challenge students to compare the GDP and GDP per capita of various countries as well as examine indicators of standard of living. For this lesson, along with lecture notes, I've included an engaging opening activity (no prep required!) and critical thinking opportunities throughout the lesson.
The best part is that you can use this entire lesson for distance or digital learning! All student response resources come in a printable PDF version AND a Google Slides version. Students just make a copy and they can use all the included resources!
What to Expect:
- 1 Written Warm Up & Opening Activity (PDF, Google Slides)
- 1 Essential Question
- An Engaging Lecture with Thinking Activities & Think-Pair-Shares throughout (PDF, MS PPT, Google Slides)
- Student Fill In Notes for the Lecture including Warm Up (PDF, Google Slides)
- 11 Question Student Worksheet Practicing What Is Counted in GDP (PDF, Google Slides)
- Student Practice Teacher Answer Key (PDF)
- GDP Country Comparison Research Assignment with Detailed Instructions & Critical Thinking Questions - includes real GDP & GDP per capita (PDF, Google Slides)
- Standard of Living Research Assignment - students research other indicators of standard of living in the countries of their choice (PDF, Google Slides)
- Suggested Lesson Plan (PDF)
*PPT Lecture is editable. Other resources are not.
To reduce tech issues, please be sure to have the most recent free version of Adobe Reader downloaded. More help linked here.
Want to see my style of lectures before you buy? Check out this freebie: Globalization Economics Lesson
I usually teach the GDP lesson in two class periods (140 minutes total).
This resource is also a part of this discounted bundle: Economic Indicators Research-Based Unit Bundle
Topics Covered in Lecture:
- GDP Definition
- How to Calculate GDP (formula, explanation & examples)
- Nominal vs. Real GDP
- GDP per capita
- Criticisms of GDP
- GDP vs. GNP (briefly explained)
Note: all Google Drive versions appear in the lesson plans of each individual lesson. As of right now, there is no way to copy a folder in Google so for right now you will need to open the lesson plan and make a copy of each digital resource using the provided links and instructions.
Materials Needed:
- Class set of included worksheets
- Computers for research
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