Are you looking for an engaging and dynamic lesson that hits multiple intelligences and gives your students an opportunity to evaluate aggregate equilibrium, disequilibrium, and GDP gaps? This is the activity you've been looking for!
This activity includes:
1) This "Aggregate Equilibrium" Activity includes 5 parts. It begins with a graphic organizer that asks your students to define aggregate equilibrium, GDP shortage, and GDP surplus, and explain how disequilibrium are created and how natural market forces return the economy to equilibrium. Next, students will have a chance to put principles into practice by using data and graphs to calculate changes in quantity demanded and supplied when prices change in an aggregate economy. Next, students will have an opportunity to prove their comprehension by analyzing both inflationary and recessionary gaps and their effects on economic conditions. Finally, students will use their knowledge to analyze 8 aggregate economies and changes in aggregate supply and demand that will open GDP gaps. Students will graph the change, list the cause of the change, identify the gap opened, and then investigate how certain economic indicators will be effected.
This activity can be used in many different ways in the classroom. Students can work independently, in pairs or this activity can be used as a jigsaw in order to facilitate a class wide discussion about the topics discussed in the activity.
2) A detailed answer key to the lesson activity to save you time and help guide student comprehension.
This activity can also be found in a bundle paired with a PowerPoint, Keynote and PDF version of a fully customizable lecture found here:
Aggregate Equilibrium Bundle
If you like this activity, check out our Unit Activity Bundle that includes activities for all of the objectives in this unit.
Aggregate Supply and Demand Unit Activity Bundle
Best of all, this activity aligns to our "Unit 2.4 - Aggregate Equilibrium" video lecture, which can be found here:
Unit 2.4 - Aggregate Equilibrium
For more of our video lectures, check out our "You/Will/Love Economics" YouTube channel and subscribe for upcoming videos:
You Will Love Economics on YouTube
If you like the content of our store please head over to our Facebook page to like and follow us for updates on upcoming products and chances at free give aways!
You Will Love History Facebook Page
You can also visit our shop right here on TPT and purchase Activities, Objective Bundles, Unit Bundles, Semester Bundles, and our Course Bundle, all of which align to our video lecture collection on YouTube!
Flip your classroom and the way your students learn economics TODAY!