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Measuring a Country's Wealth: What is GDP?
Economics · JC 2 · Macroeconomic Performance and Goals · Semester 1

Measuring a Country's Wealth: What is GDP?

Students will learn about Gross Domestic Product (GDP) as a main way to measure how much a country produces and earns, and discuss what it tells us about the economy.

MOE Syllabus OutcomesMOE: Economic Growth - Middle School

About This Topic

Students will learn about Gross Domestic Product (GDP) as a main way to measure how much a country produces and earns, and discuss what it tells us about the economy.

Key Questions

  1. How do we know if a country's economy is growing?
  2. What does GDP measure?
  3. What are some things GDP doesn't tell us about how well people are living?

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Edited by Adriana Perusin, Editor-in-Chief, Flip Education