diff --git a/RECOVER_ceeAIR.fla b/RECOVER_ceeAIR.fla new file mode 100644 index 0000000..01d98a8 --- /dev/null +++ b/RECOVER_ceeAIR.fla Binary files differ diff --git a/_VE50DATA/data/concepts_ve50.xml b/_VE50DATA/data/concepts_ve50.xml index 1c58cb8..10f8c94 100644 --- a/_VE50DATA/data/concepts_ve50.xml +++ b/_VE50DATA/data/concepts_ve50.xml @@ -77,6 +77,7 @@ 6 1 + https://www.econedlink.org/resources/benefits-of-trade-comparative-advantage-video-and-quiz/ 20 @@ -107,6 +108,7 @@ 18 1 + https://www.econedlink.org/resources/the-business-cycle/ 25 @@ -139,6 +141,7 @@ 47 1 + https://www.econedlink.org/resources/compound-interest-concept-video/ 68 @@ -168,6 +171,7 @@ 43 1 + https://www.econedlink.org/resources/buying-on-credit-video-and-quiz/ 1 @@ -265,6 +269,7 @@ 55 1 + https://www.econedlink.org/resources/economic-institutions-video-and-quiz/ 4 @@ -344,6 +349,7 @@ 3 1 + https://www.econedlink.org/resources/financial-markets-concept-video-and-quiz/ 63 @@ -375,7 +381,7 @@ 18 - GDP + Gross Domestic Product (GDP) 1 GDP stands for Gross Domestic Product, which is the total market value of all final goods and services produced within a country, usually measured over a year. GDP is the most inclusive measure of an economy's output. Nominal GDP measures the output of goods and services in current prices while real GDP measures the output of goods and services in constant prices. Real GDP is adjusted for the effects of inflation. The reference to "final" goods and services means that all goods are counted as they are finally produced; that is, there is no need to count the output of the steel industry, which is an "intermediate" input, because the value of the steel will be counted in cars, refrigerators, buildings and all the other final uses of steel. The reference to what is "produced" emphasizes that not all sales of goods represent new production. For example, a new house is included in GDP in the year it is built, but the sale price of a house that was built years ago and resold this year is not included in this year's GDP.


Finally, the emphasis on market value means that GDP measures what the economy spends money on, which may not always capture well-being. For example, GDP does not directly measure education, health, life expectancy, leisure, protection from crime or environmental protection, but only the amounts of money that are spent with regard to these goals.


Per capita GDP is calculated by dividing GDP by the population. Per capita GDP is useful for making comparisons between countries with different population levels or at different points in time. The GDP of China is much higher than that of Switzerland, because China has so many more people, but the per capita GDP of Switzerland is much higher than that of China.


Potential GDP is the level of output when non-labor resources are fully employed. Even if the economy has reached its potential GDP, there will still be people unemployed, and this is called the natural level of unemployment.

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Below are featured lessons for teaching GDP.


High School Lessons

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Unit 3 - Gross Domestic Product: Measuring a Country's Income
Trading Around the World


How do you measure a person's income? Typically, we measure how much money a person has. But money isn't really the most basic way to measure income since a person's money can be worthless unless there is something to buy. For example, in Germany ...


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Lesson 16 - Economic Freedom in China and India
Focus: Understanding Economics in Civics and Government


The students examine a table and two graphs to identify trends in political freedom worldwide, particularly in China and India. They are introduced to the concept of economic freedom, and they discuss examples of the concept. They discuss a graph ...


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Lesson 3: Why Do Economies Grow?
Focus: Understanding Economics in U.S. History


The students examine information about former colonies and discuss factors associated with economic growth. They participate in a simulation activity, working in groups to recommend economic development policies for a newly discovered planet. Thro...


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Lesson 9 - Globalization and Standards of Living: Prediction and Measurement
Focus: Globalization


In this lesson students consider ways to measure and then compare the degree of globalization and the standards of living in different countries. To introduce the idea of tracking complex social issues using different kinds of data, students plot ...


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Lesson 7: Places and Production
Geography: Focus on Economics


Students calculate United States GDP and GDP per capita, use of choropleth map to acquire information, and create choropleth maps of GDP per capita in South America. They identify regions with high and low DGP per capita and suggest reasons why ...


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Online Lesson: Closing the Gap
EconEdLink.org


The students learn what GDP is. They will learn different measures of GDP as well as how GDP per capita can be used to compare countries. They will also calculate GDP per capita and learn how poorer countries can converge, or close the gap, with r...


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Online Lesson: Economic Forecasting: An Internet WebQuest
EconEdLink.org


Economics is often called the "science of decision making." The decisions that economists analyze range from personal decisions such as how big a pizza to order or whether to buy or lease a new car to the decisions the federal gover...


Middle School Lessons

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Lesson 5 - Economic Freedom: How Important Is It?
Middle School World Geography: Focus on Economics


In this lesson, the students participate in activities that help them understand the correlation between economic freedom and a country's standard of living. First the students decide whether they agree or disagree with rules and laws that affect ...


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Lesson 1 - Happy Deal?
Mathematics & Economics: Connections for Life - 6-8


In this lesson, the students learn about currencies used in selected countries. They compare the prices of a Big Mac© in different countries and convert the prices into U.S. dollars, using exchange rates. The students determine in which count...


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Lesson 3 - Gross Domestic Pizza
Roosters to Robots: Lesson Plans from Writers around the World


This lesson explores how gross domestic product (GDP) is determined. The major components of GDP are described. Students create and compare GDP pie charts for the countries of Pepperonia and Anchovia.


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Lesson 13 - An Island Economy
Focus: Middle School Economics


Students participate in a "readers' theater" play too learn about gross domestic product.


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Lesson 12 - What Does the Nation Consume?
Focus: Middle School Economics


Students look at their consumption of goods and services in a day. Then, they consider household spending for the nation as a portion of Gross Domestic Product.


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Online Lesson: What Does the Nation Consume?
EconEdLink.org


This lesson will focus on what the nation consumes and how that is measured by Gross Domestic Product (GDP). In the United States, the goods and services produced for household consumption account for about two-thirds of total output.


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@@ -388,6 +394,7 @@ 62 1 + https://www.econedlink.org/resources/gross-domestic-product-gdp-video-and-quiz/
30 @@ -420,6 +427,7 @@ 69 1 + https://www.econedlink.org/resources/human-capital-video-and-quiz/ 8 @@ -479,6 +487,7 @@ 49 1 + https://www.econedlink.org/resources/insurance-video-and-quiz/ 28 @@ -553,6 +562,7 @@ 64 1 + https://www.econedlink.org/resources/budgeting-video-and-quiz/ 10 @@ -570,6 +580,7 @@ 57 1 + https://www.econedlink.org/resources/opportunity-cost-video-and-quiz/ 34 @@ -632,6 +643,7 @@ 71 1 + https://www.econedlink.org/resources/productivity-video-and-quiz/ 70 @@ -695,6 +707,7 @@ 47 1 + https://www.econedlink.org/resources/risk-and-return-video-and-quiz/ 24 @@ -725,6 +738,7 @@ 43 1 + https://www.econedlink.org/resources/saving-and-investing-video-and-quiz/ 57 @@ -744,6 +758,7 @@ 54 1 + https://www.econedlink.org/resources/scarcity-video-and-quiz/ 22 diff --git a/ceeAIR-app.xml b/ceeAIR-app.xml index 50dc587..5d421a3 100644 --- a/ceeAIR-app.xml +++ b/ceeAIR-app.xml @@ -1,4 +1,4 @@ - +