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 GDP  Business Cycles  Economic Growth. WHAT WILL WE EXPLORE? What does economic health have to do with me? Why do I need to know about business cycles?

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Presentation on theme: " GDP  Business Cycles  Economic Growth. WHAT WILL WE EXPLORE? What does economic health have to do with me? Why do I need to know about business cycles?"— Presentation transcript:

1  GDP  Business Cycles  Economic Growth

2 WHAT WILL WE EXPLORE? What does economic health have to do with me? Why do I need to know about business cycles? How might I participate in capital deepening, a key element in economic growth?

3 STANDARDS SSEMA1. The student will illustrate the means by which economic activity is measured.

4 ASSIGNMENTS  Complete pretest and posttest on phschool.com.  Website code: mna-5121  Continue group stock project  As a team, create your project w/ separate, excellent graphics of your choice for:  Sec. 1: GDP components and limitations, the 2 approaches to calculating it, nominal and real GDP, impact of aggregate supply and demand and associated vocabulary  Sec. 2: Create a poster illustrating the business cycle phases, 4 key factors, forecasting fluctuations, the impact on U.S. history and associated vocabulary  Complete Guided Reading for Chapter 12  Complete Unit Article Summary  View/take notes on Stossel’s Thursday economics-related show. Turn in your notes Monday.


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