Economics

Economics-11/15/13 Download Business Cycle and Economic Indicators Appetizer: Think-pair-share with your elbow buddy about GDP and business cycles Name which part of cycle: Employment and GDP are their lowest point Improving GDP, growth and unemployment rate is decreasing The best part of the business cycle-great GDP and lowest unemployment % GDP is going down and fewer people are working (unemployment rates are suffering) Main Course: Go over GDP papers from yesterday Continue on with notes Practice with types of unemployment-this is for a grade; come up with 2 scenarios of your own-you may not use seasonal please!