Econ-02/11/13-Monday
Monday, February 11, 2013
My people: Remember to make RATIONAL DECISIONS!!!
Appetizer (Activator):
What do you do to determine whether you are sick or not?
How do you think the government determines whether our economy is “sick” or not?
*List 2 things consumers spend money on, businesses spend money on, government spends money on, and items we export and import.
Download Business Cycle and Economic Indicators
Main Course:
Enrich/Remediate supply, demand, and equilibrium
Table of Contents: Macroeconomics #1-What is GDP? How do we calculate it?
Notes on GDP
Create a mini poster on GDP-you must have the title: GDP and at least 2 pictures for each part of the formula
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