Real and Nominal GDP. Both are integral indicators of economic performance, and teaching them both can be tough. We're here to help you teach it. This engaging and comprehensive bundle has every tool you need to put together a complete lesson that gets the job done!
This "Real and Nominal GDP" bundle includes:
1) A customizable lecture that you can adjust to meet your needs and the needs of
your students. This bundle includes a version of this lecture in Keynote (Mac),
Powerpoint (PC), and PDF format for users of every operating system.
*****Depending on the version of the presentation software that you use to present in your classroom, fonts and sizes in our lecture presentations may need adjustment. To make it easier for you to create a lecture that engages your students and looks like the PDF file included in this bundle, we offer downloadable font bundles in our store for FREE!
At absolutely no cost to you, you can get your hands on the fonts that we use in our lectures so that you can customize your presentations. Download the Free Font Bundle, install the fonts onto your computer, and customize your lecture in the way that works of you. Adjust sizes, fonts, images, and content to meet your needs and the needs of your students!*******
2) A "Real and Nominal GDP" Activity. It begins with a colorful graphic organizer that asks your students to define nominal and real GDP, to identify the standard of living and real GDP per capita, and to list the factors that can contribute to varying real GDPs around the world. Next, students will apply what they've learned to calculate nominal and real GDPs using data provided for several countries around the world, and must conclude whether the countries experienced economic growth. Finally, students will use data provided to calculate real GDP per capita for several countries and conclude whether or not these countries experienced an increase in their standards of living.
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.
3) A detailed answer key to the lesson activity to save you time and help guide student comprehension.
If you like this activity, check out our Unit Activity Bundle that includes activities for all of the objectives in this unit.
Best of all, this activity aligns to our "Unit 1.3 - Real and Nominal GDP" video lecture, which can be found here:
For more of our video lectures, check out our "You/Will/Love Economics" YouTube channel and subscribe for upcoming videos:
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