Macroeconomic Indicators and Policy · Macroeconomics

Measuring the Economy

Introduction to Gross Domestic Product, inflation rates, and unemployment figures as indicators of economic health.

Key Questions

  1. 1Does a rising GDP always mean that the average person is better off?
  2. 2How does inflation erode the purchasing power of savings?
  3. 3Who is considered unemployed and why does the definition matter?

Ontario Curriculum Expectations

ON: Canadian and World Studies - Grade 9ON: Economic Indicators - Grade 9
Grade: Grade 9
Subject: Economics
Unit: Macroeconomic Indicators and Policy
Period: Macroeconomics

Suggested Methodologies

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