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Economic Indicators
Source: Council for Economic Education (EconEdLink) | Type: Lesson
How do economists make their forecasts about the U.S. economy? What are the economic indicators that help forecast economic activity and business cycles? In this lesson you will be able to retrieve up-to-date, key economic statistics which will provide valuable hints about the state of the future economy.
Grades:
Concepts:
- Consumer Economics
- Gross Domestic Product (GDP)
- Money Supply
- Price
- Production
- Stock Market
Standards:
- Economics 18: Macroeconomy-Income/Employment, Prices
Related Resources:
Reviews
Great websites- lots of reading. May take several days to get through. This lesson was beneficial in supplementing after introducing the topic. The scavenger hunt was towards the bottom of the lesson, not immediately after talking about using it.
This lesson would be best used on a projector in front of a whole class instead of having students do individually.
Tons of information! October 11, 2008