Economic Growth and Productivity
Students will explore the determinants of long-run economic growth, including productivity, technology, and human capital.
Key Questions
- Explain the role of technological innovation in driving economic growth.
- Analyze how investments in education and infrastructure boost productivity.
- Predict the long-term consequences of declining productivity growth.
Ontario Curriculum Expectations
Suggested Methodologies
Ready to teach this topic?
Generate a complete, classroom-ready active learning mission in seconds.
More in Macroeconomic Indicators and Policy
Introduction to Macroeconomics
Students will differentiate between microeconomics and macroeconomics and identify key macroeconomic goals.
2 methodologies
Gross Domestic Product (GDP)
Students will define GDP, explain its components, and understand its limitations as a measure of economic well-being.
2 methodologies
The Business Cycle
Students will identify the phases of the business cycle and discuss their impact on economic activity.
2 methodologies
Unemployment: Types and Measurement
Students will define unemployment, differentiate between its types (frictional, structural, cyclical), and analyze its economic and social costs.
2 methodologies
Inflation: Causes and Effects
Students will analyze the causes of inflation (demand-pull, cost-push) and how it erodes purchasing power.
2 methodologies