Macroeconomic Indicators and Policy · Macroeconomics

Measuring Economic Growth

Understanding GDP, its components, and the limitations of using it as a measure of well-being.

Key Questions

  1. 1Does a rising GDP always lead to a better quality of life?
  2. 2What incentives are driving the exclusion of household labor from GDP?
  3. 3How do we distinguish between nominal and real economic growth?

Ontario Curriculum Expectations

ON: Macroeconomics - Grade 12ON: Economic Indicators - Grade 12
Grade: Grade 12
Subject: Economics
Unit: Macroeconomic Indicators and Policy
Period: Macroeconomics

Suggested Methodologies

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