Presentation is loading. Please wait.

Presentation is loading. Please wait.

Standard: b. Define Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation, and aggregate supply.

Published byJayson Waters Modified over 9 years ago

Similar presentations

Presentation on theme: "Standard: b. Define Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation, and aggregate supply."— Presentation transcript:

1 Standard: b. Define Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation, and aggregate supply and aggregate demand. c. Explain how economic growth, inflation, and unemployment are calculated. Essential Question: How do we measure inflation? How is inflation misleading. Warm up: Use the internet. Find an article or site that talks about inflation rate. As a warmup jot down what you think inflation means.

2  Types of unemployment  -Cyclical-Business cycle  -Structural-Skills  -Frictional  Labor force=employed+unemployed  Not in the labor force  Unemployment rate=unemployed/labor force

3

Download ppt "Standard: b. Define Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation, and aggregate supply."

Similar presentations

Unit 3 Macroeconomics.

Unit 3 Macroeconomics.
Atlanta Public Schools Social Studies Professional Development 10/12/10 Economics Teachers Workshop.

Atlanta Public Schools Social Studies Professional Development 10/12/10 Economics Teachers Workshop.
SSEMA 1, 2.3. What is Macroeconomics? The study of the performance of our economy as a whole.

SSEMA 1, 2.3. What is Macroeconomics? The study of the performance of our economy as a whole.
Macroeconomics unit What you should know by now. You should be able to : Define the following: Gross Domestic Product (GDP) & the 4 components Unemployment.

Macroeconomics unit What you should know by now. You should be able to : Define the following: Gross Domestic Product (GDP) & the 4 components Unemployment.
Appendix to Chapter 1 Defining Aggregate Output, Income, the Price Level, and the Inflation Rate.

Appendix to Chapter 1 Defining Aggregate Output, Income, the Price Level, and the Inflation Rate.
The study of the economics of countries. The big picture.

The study of the economics of countries. The big picture.
Essential Standard 1.00 Understand the role of business in the global economy. 1.

Essential Standard 1.00 Understand the role of business in the global economy. 1.
 What is inflation? --a general upward movement in price of goods and services in an economy  What is deflation? --a general downward movement in.

 What is inflation? --a general upward movement in price of goods and services in an economy  What is deflation? --a general downward movement in.
Chapter 2 Economic Activity Roblee. Gross Domestic Product (GDP) Economic growth refers to steady increase in production of goods and services in economic.

Chapter 2 Economic Activity Roblee. Gross Domestic Product (GDP) Economic growth refers to steady increase in production of goods and services in economic.
Price Stability Economic Growth Full Employment. Economic Indicators.

Price Stability Economic Growth Full Employment. Economic Indicators.
CHAPTER 12 & 13 ECONOMIC PERFORMANCE. GROSS DOMESTIC PRODUCT TOTAL DOLLAR VALUE FINAL GOODS AND SERVICES NEW ONLY.

CHAPTER 12 & 13 ECONOMIC PERFORMANCE. GROSS DOMESTIC PRODUCT TOTAL DOLLAR VALUE FINAL GOODS AND SERVICES NEW ONLY.
Economics. Needs vs. Wants Factors of Production List the factors of production, define and explain in the next three slides.

Economics. Needs vs. Wants Factors of Production List the factors of production, define and explain in the next three slides.
ECONOMICS. Economy Types There are four types of economy in the United States Agricultural Service Industrial Information.

ECONOMICS. Economy Types There are four types of economy in the United States Agricultural Service Industrial Information.
2-1Measuring Economic Activity 2-2Economic Conditions Change 2-3Other Measure of Business Activity.

2-1Measuring Economic Activity 2-2Economic Conditions Change 2-3Other Measure of Business Activity.
Standard: d. Identify structural, cyclical, and frictional unemployment. Essential Question: How do we measure the unemployment? How is unemployment misleading.

Standard: d. Identify structural, cyclical, and frictional unemployment. Essential Question: How do we measure the unemployment? How is unemployment misleading.
GROSS DOMESTIC PRODUCT SSEMA1 b. Define: Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation,

GROSS DOMESTIC PRODUCT SSEMA1 b. Define: Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation,
Essential Standard 1.00 Understand the role of business in the global economy. 1.

Essential Standard 1.00 Understand the role of business in the global economy. 1.
Standard: b. Define Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation, and aggregate supply.

Standard: b. Define Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation, and aggregate supply.
Begin Nicksey Cruz Period 2 $100 $200 $300 $400 $500.

Begin Nicksey Cruz Period 2 $100 $200 $300 $400 $500.
The Business Cycle Measuring the Economy. Business Cycle  Business Cycle - Economic pattern in which an economy goes through periods of prosperity and.

The Business Cycle Measuring the Economy. Business Cycle  Business Cycle - Economic pattern in which an economy goes through periods of prosperity and.

Similar presentations

Ads by Google